Kirk B
The Reserve Expense Prinicple of Property Analysis
I was looking at a property that had extremely high taxes in relation to Gross Rents:
2 apts $500 ea, $1,000 Gross
Taxes: $4,250/yr $355/month
...
Zachary Taylor
Borrower has passed away
Here is the scoop:
BPO is $35KThe borrower has passed away and a relative is now living in the house. No payments have been made on the note since March 2016. City and County back-taxes amount to $1,110 and propert...
Niki C.
New member from Aurora, CO!
Hi BP family,I'm from Aurora, CO and I love Colorado! Love the snow but not driving in the snow :)A little bit about myself, I bought a condo since 2016 because I don't want to pay for rent anymore and 1.5 year later ...
Tony Sierra
Doing business under an LLC
I was speaking to a friend who owns a few single family rentals. He has an LLC for his business but he stated that he does not have his properties in the LLC, he financed them and holds them in his name. I hear all ab...
Matthew Picanco
Took the leap... I am all in. Looking for local RE Wholesaling/Fix n Flip Mentor
Hey, been listening to Bigger Pockets pods cast for years now. I am a Boston Union Carpenter. Earbuds in everyday listening/learning about RE investing.Well as of late, I have the opportunity to take 3+ months off fr...
Navid Mirkhani
Is wholesaling in the Bay Area a waist of time?
Hi BP community, I’ve spoken to some people in the Bay Area and mostly everyone is telling me its nearly impossible to wholesale houses here. They said the market is so much different than 8-10 years ago. The prices a...
Cesar Merino
Living in California, buying rental property Cleveland OH
Hello, I was wondering if someone could share some pointers. I am in process to get a rental property in the city of Cleveland,OH , my state of residency is California. should/could I use any other State LLC (ex. Del...
Jonathan Davis
My First Yellow Letter Response.
Good Morning BP! well i received my first response from my yellow letter mailings Sunday night via text i got excited and nervous at the same time the letter stated i want to buy your house for cash and my phone numbe...
Cameron Ellis
How to systemize your real estate business
Last night I finally realized I've been failing in a big portion of my business, systemizing. From the wholesaling sector to the flipping. Although I've been successful my first year, I feel like I could have saved a...
Lynn Smith
Unauthorized Pocket Listing???
I signed a listing agreement with xyz realty, the agent promised to market my property online, on the mls and through his office and investors he knows. First of all, I never receive any copies of what I signed. The d...