John M.
Financing my first Multi-Family
I am in the process of loan shopping for my first real estate purchase (2-4 unit multi family). I have gone to a mortgage broker (1 month ago) who initially told me I can do 5% down on a conventional loan and we did ...
Brandon M.
Another reason you should have a property manager
backstory: bought a house in Charlotte, NC with 100% financing back in 2006, lived in it for 3+ years, became rental after that. No equity so can't sell. Property became vacant a few months ago, I now live in Clearwat...
Sean Brooks
101 Reasons to use a Real Estate Agent
Typical Pre-Listing Activities1. Research Current Properties 2. Research Sales Activity from MLS and public records databases 3. Provide Average Days on Market Assessment 4. Review Property Tax Roll 5. Prepare a Compa...
Carissa Holmes
If this were you, what would you do?
If the below was representative of you & your position what would you do to take full advantage of the inherited capital and launch your REI business?
- Recently inherited roughly $250k - Long-term goal: Passiv...
Ed Register
Structuring the right deal to purchase
Does anyone have any good resources for determining the best method for structuring a deal to purchase a single family house. I have a decent understanding of flipping, wholesaling, lease option, sub2. But looking f...
Dustin Mathenia
Buying a non preforming second lien with a non preforming first
Let's start by saying I am a newbie when it comes to not buying or selling. I am trying to get a feeling for what makes a good deal or a bad deal and the different strategies when buying a non preforming note. I'm loo...
Jeff Workman
Grout cracks, fix, fill, or re-grout?
Hello all, I'm in the process of trying to fix up my house to get it ready to rent. I'm looking at my kitchen/entryway flooring and and would appreciate some opinions/suggestions on how to approach fixing up my grout ...
Jeff G.
Contractor Hell, Help!!!
Howdy BP Family,I'm in a not-fun situation. My GF and I are in the process of remodeling our condo. We plan to sell it and BRRR from there.A few months ago our downstairs condo neighbor informed us that we were "raini...
Macintyre Gallagher
Why/how do wholesalers not actually own the house?
How does someone wholesaling not actually ever own the house or have to pay expenses? What is the difference between them buying it and me buying it?
Josh Caldwell
Other than rent, what income streams do you get from your tenants
I make money from my tenants as many ways as possible. I have coin op laundry in the unitsI make money on credit repair for tenants.I make money on the utility bill for my tenants. This one is my favorite. I have som...