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I understand the 70% rule and I know of (have yet to practice) the fixed cost method for calculating MOA. However, I’m curious as to which one is best for wholesaling in general. Or is it situational? And for the fixe...
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Hey Guys!I've got a lot of marketing techniques that have worked for SFR's, but marketing my 12 unit apartments for sale is going to be different, I know. I'm not targeting the average home buyer, I'm targeting number...
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I am new to this process and site. I am in the process of purchasing my first rental property now and its nerve racking. Any adivce/suggestions/thoughts will be greatly appreciated. Love the BP podcast.
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I'm sending it via certified mail, and of course not going to put my home address on it. I could use my PO BOX, which seems harmless enough, or the address for the rental which they got kicked out of? I think either o...
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Alright guys so I have decided that my long term goal is to own my own self storage units. I am 21 years old and currently have little to nothing saved up. My credit is good from my several years of vehicle payments...
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Greetings everyone!First, I apologize for asking something that must be obvious for most people on BP. I have recently started poking around notes (mostly out of curiosity and for my own education) and one thing that ...
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I just wanted to share my story as I think it can help people looking to start flipping house. In August of 2013 I closed on a foreclosure that I was going to be doing a live in flip. I think most newbies would have ...
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This is a triplex in the local area being sold for $279,000 generating $2310 a month the realtor gave me a list of expenses. Mortgage =$1114Hydro. =$176Insurance =$230Internet. =$115Taxes. =$230
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We have used the same attorney for a few purchases and recently came to realize he screwed up many things. 1. He failed to find out there is an open permit on the house. The previous owner applied for a permit to expa...
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I'm going over the PM agreement with a new property manager and there are a few things raising a red flag to me that I'm wondering if they are standard (or becoming the standard): -an additional 10% (on top of the 10%...