Jason Munck
ARV and Repair estimates when wholesaling
Hi BP! I have never done a wholesale deal and would love to know what the community thinks about a question I have.
When wholesaling a property I know that I should be estimating repair costs and ARV to determine ho...
Barbara Grassey
From the Trenches
I attend a couple of real estate meetings a week, one of which I host. Last night was Larry Harbolts independent meeting. Jay and I use the meetings as a barometer of the real estate market as well as the economy. ...
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John T. Reed
Well in my studies I came across the following link which I think might help new people who are starting out avoid some authors and "get rich in real estate" programs.
http://www.johntreed.com/Reedgururating.html
Re...
Justin Knighten
Debt to income ratio won't allow us to qualify for conventional.
Greetings,My wife and I purchased our first rental this spring with conventional financing. It's occupied and doing fine. I've talked to our mortgage broker about securing a loan for a second property, and according...
Antony Nguyen
BRRRSR strategy - not a typo - sanity check and tax implications
Hi Everyone!This post is 2 questions in one, if it's suggested I post these separately let me know!First off is my investment strategy. I have some capital to work with and can buy residential properties with cash. ...
Lukas Katko
Student Housing Property, rented until May 2016
Hey BP,I've been looking around my area, and found an interesting property listing that I'd like to get your thoughts on.The seller is claiming 15k cashflow from this property. I inquired as to why anyone would want t...
Richard Brightwell
When is investment loan interest not tax deductible?
I'm not sure what my options are... I just bought a $171K SFH, rental-A, using 75% mortgage and 25% cash down. I spent $18k fixing up rental-A, rented it, and am getting good cash flow. I'd like to pay myself back th...
Danny Ohalloran
Hi! New member here!
Hi, my name is Danny and I’m a 23 year old aspiring real estate investor, I’m from Naperville, Illinois and just graduated college with a finance degree. I first became interested in real estate investing 3-4 years ag...
Gustavo Perez Jr
Which comes first the Flipper or the Wholsale?
Now first things first this is more just to get insight and everyone’s opinion, I understand it comes down to the individual. Now that we have that out of the way, which do you believe someone should do first get the ...
Martin Enoghase
Seller refusing to move out since close of escrow.
We bought our dream house in Rancho Cucamonga and closed escrow since August 19, 2021. We agreed to Seller's contingencies such as property sold as is, with a 30-day stay after escrow without pay. It's 34 days after c...