Christian D.
Can Mortgage Brokers Dilute Their Commissions?????
I have a mortgage related question regarding a property I am currently in contract with and hopefully set to settle on in the next couple of weeks.I am purchasing a duplex under an FHA loan (5% down) with the expectat...
Michelle Watt
Opinions re: first-time home buying in Los Angeles
Hi everyone,Posting a newbie question here, but wanted to get your opinions since I joined BP last week and I am still at the books/webinars research phase. I'm currently in Los Angeles (Century City/Beverly Hills ar...
Jovon English
What would you do with 100K?
Hello,I recently sold a house in Southern California where the market is tanking so I do consider myself lucky enough to get it sold without losing a ton of money. Anyway, what should I do with the profit? I'm singl...
Foster Algier
The good and the bad from wholesalers
Greetings everyone my name is Foster Algier and I have been wholesaling properties here in central Florida for many years. I thought it would be useful for all of us to have a discussion about what, as a rehabber, has...
Justin Woodworth
Syndication and Small Multifamily Homes
Hello fellow BP'ers. Recently I have bought a duplex in Madison WI as my first investment and am looking to keep the train rolling. I work a lot of hours at my job and I have eliminated most expenses in my life. I hav...
Joel Hollingsworth
Questions for the Sevier County cabin rental cabal
Hello world! First post on BP. Be nice.First, a quick note about me. I'm a formerly-retired lawyer (UT-Knoxville law school) who is now practicing again primarily for the purpose of rebuilding an investment stash I lo...
Aaron Cook
First Deal - Diary of a Newbie
Hey guys,
My name is Aaron Cook, and my wife and I are under contract for our first deal! We have experienced a range of emotions such as being terrified all the way to being extremely excited! I wanted to write out...
Ryan Spearman
Owning gold as a reserve
I’m a big fan of cash reserves. The covid outbreak has only emphasized this. The problem with cash is that if you have any form of debt it literally costs you money to hold cash. To get around this I have a big line o...
Al Sousa
94% formula
Has anyone used this formula before and how does it work?
Have problem with having offers being except with the tradition rehab formula of 65 70 % of ARV.
Any other ideas welcome
Thank you
Tim Siocheng
Covid times: Section 8 tanant missed their portion of rent
I have one property that being rented out to section 8. This march i noticed that they missed their portion of the rent and I got charged with their utility bill. I contacted my PM in regards to these concerns1. PM to...