Sebastian Giraldo
We had a guest squatter in our vacation rental!
Covid-19 has changed life as we know it for sure, and that is the reason why so many companies and services have developed different and new ways to provide the best to their clients even when it means walking on a ne...
Chris Seveney
In Over Their Heads?
Background: Last week Arbor Realty Trust foreclosed on four apartment buildings in Houston. The Unpaid balance was $229M and the sale went for approx. $197M (15% discount). The borrower had short term bridge debt on e...
Russell Brazil
10,000 Posts...& My #1 Secret of Success
The first record I can find in my digitital footprint about BP was an email my wife sent to me with a blog post on here about short sales in 2009. I think I may have come across the site here and there occasionally, ...
Tom Doan
Is Getting Started With An REO A Smart Idea?
I'm a student so I don't really have a ton of cash sitting in the bank. However, looking at some REOs and after recently attending a Rich Dad, Poor Dad workshop, I was told that it wasn't unrealistic to be able to get...
Chris Feltus
Determining ARV: Am I doing it correctly? [Pictures and pdf Comps inside]
I am new to wholesaling, and would like to take this one step at a time educating myself and taking my time long before trying to put my first property under contract. First is making sure I have a solid understanding...
Andy Pillinger
best cash flowing areas in sw fl
Hello all,In the next few months i am coming into some cash and have been trailing through towns and cities in FL to try and work out which locations would provide the best cashflowing properties in areas that have lo...
Graeme Ford
Calling All Canadian Investors!
Hey BP! I am very intrigued by the BRRRR strategy and have recognized there are many distinctions between what is and is not possible in Canada compared to the US. Is the BRRRR strategy something that works in Canada?...
Pete Woelfel
What's so special about a 600 Credit Rating
I'm a super small fish renting out a 3 BR 1 BA 1000 sq/ft property in a nice but modest area in Milwaukee. I have been involved in REI for just a couple years and have not experienced many vacancies. I have had 100+ ...
Nilusha Jayasinghe
Legalities of duplexing down or Airbnb in illegal garden unit?
Hey all, I'm under contract for a legal 2 flat + illegal garden unit in Logan Square which we want to house hack and then maybe rent out whatever space can be rented out if we move out. The plan is to rent out the top...
Angela Hansen
Rehab to Refinance Hard Money Roadblock
Hello BP! I have ran into a Roadblock on my flip. I have a seller financed home that I have put a large down payment on and put around $10k worth of work so far. I have a hard money lender and we are pretty much set t...