Hello BP, I am looking for my first mortgage and I am wondering if it is better to work with one lender, or with different ones at the same time and use the one who gives me the best deal? What are the advantages and ...
From my mailing, I'm constantly being contacted by owners of free & clear property that won't come low enough on pricing for me to wholesale, but are more than happy to do super reasonable owner financing deals...
Hey guys!So I've read a ton of posts already asking for advice on how to name a wholesale company or llc. Unfortunately I'm still left with questions as its not been addressed yet. My question is complicated but ill t...
So I am getting excited about my first wholesale deal and I am working on putting the pieces together. I have 3 or 4 interested buyers in my area and 2 or 3 realtors to work with. I am still working on what options ...
We were hit with a bit of bad luck this year. Our grown son became ill and we are the caretakers, looks like it maybe long term. I'm 64, plan was to retire in 6 yrs. Finances are screwed due to medical et al. Debt $33...
So I'm familiar with the 50% Rule, the 2% Rule, and that I should be buying at no more than 70% of retail value. Are there any other "standard" rules of thumb that are used by real estate investors?
Does anyone happen to have an expense spreadsheet they don't mind sharing. I've been pulling some from the web but I'm just trying to make sure that I'm thinking of everything. Obviously SF expenses differ from apartm...
Hi everyone,I've been in talks with a seller of a 5-unit 'apartment' that is a large house.The Property and Neighborhood5 Unit apartment out of a converted house. Located in a district where they zone to reserve 10% o...
Hello, I'm Edward Thompson currently living in Los Angeles, the Inglewood area. About 4 months ago I attended a free Than Merrill's Fortune Builders seminar and became very interested. So I then paid the $200 dollars ...
Hi BP!I thought it would be a cool idea if everyone shared their best tip for managing their rental property. I'll start if off.My best property management tip is charging a 5% late fee when a tenant fails to make th...