Kevin McGuire
Do financial advisors just not get RI?
Hi BP community,It’s taken awhile to get my financial planner to understand what I’m doing with Real Estate Investing. I interviewed a new one from a well regarded independent boutique firm and again he didn’t quite g...
Arvin T.
Buying a multifamily in socal anyone?
Did anyone ever bought a multifamily in southern California as their first investment?
Shannon Sadik
Would you take a smoker who promises to quit?
We just closed on a very nice home and are asking a higher rent for it. It's outside of the summer months when this house would typically rent and we have been struggling to find tenants. We have two young men who are...
Omer S.
Problem Tenant Rent Collection
Hello, I have a problem tenant and the latest is I have a failure to pay rent judgement against them. Today is the day I can file for eviction. Last night I get a text from the tenant saying I can come pick up the r...
Nat C.
Am I being screwed over by listing agent?
I viewed a property for 87K which is a homepath property and has been on the market for over 2 months. I called the listing agent to say I wanted to make an offer of 80K. He said if I could close by end of July he tho...
Adrienne Binder
How would you invest $500k to start flipping?
I inherited a property that is in the process of being sold. Once the deal closes at the end of the month I am looking at paying off all debt and have the opportunity to continue investing in real estate in the sum of...
Ilya Z.
Selling 1st flip: what should I expect from a "great" realtor?
We're trying to sell our first flip near Hagerstown, MD. The whole project, which we started back in September, has been a huge learning experience for us, as expected. Unfortunately, the selling part is not going so ...
Jack Fernandes
Investing With a Broker's License?
I was curious as to how licensed brokers (in California, or anywhere similar) handle fee splitting when buying properties for themselves. Presumably as a broker/agent, if you present the selling agent with a buyer, yo...
Diane G.
Memphis is the new Las Vegas
These days, you can't stay on BP for more than 5 minutes without seeing a thread about investing OOS in Memphis...It is absolutely becoming the new Las Vegas, in my opinion...When the music stops, and it will and it a...
Account Closed
150 Units Distressed
Hey All,I have a property in Memphis Tennessee that I am looking to purchase. It is 168 units. I negotiated with the seller and he agreed to do the sale for 450 thousand dollars cash. My goal is to have the apartment ...