Scott Garrels
Negotiating for Beginners - tips and secrets
Hello,I am still relatively new to REI and to BP. I wanted to seek some experienced guidance regarding Negotiating skills, a critical piece to success in this field I am sure.If you have a deal that meets your target...
Emilio Attardo
Seller Concessions/credits at closing/max % of purchase price allowed for concession
Hey BP, Scenario: I am Purchasing a home with a hard money loan. We went under contract with the following assumptions:Purchase: $91,000Rehab: $64,000ARV: $215,000ARV*0.75= $161,250$161,250 - $64,000 - $91,000 = $6,25...
Jeremy Torres
Replace windows in rental ??
I have a house that I’m about to rent out but the windows are very old & don’t open. Should I replace them? I’m in south Texas.
Richard Queen
Seller Wants 30 Days Possession After Close
I'm purchasing a single-family house for a rental unit using a real-estate agent through the MLS. The seller refuses to give possession at close citing he has too much risk if financing falls through and he's all pac...
Luisa Alzate
How to start investing in Los Angeles with little money?
Hi,I want to start investing in Los Angeles (where I live) but the market prices are really high for someone like me that is just starting out and have little capital so this can be a bit scary. I've been trying to le...
Mark Romanski
Does this deal make sense? (First time rental)
Hi BP, I've been hunting for my first rental property for awhile now and been running calculations on this but keep wrestling with it in my mind.
This is in Denton, TX (2 universities in town)
New construction Townh...
Account Closed
Article about Philadelphia Real Estate Gentrification
From my keywords I get the feeling a lot of people are trying to figure out which Philly neighborhoods are "HOT". This article does a good job explaining those areas and the neighborhoods where house prices and rents ...
David Evans
Repair price points on rental properties
Im organizing the difference between minor, moderate, and substantial repairs cost on rental grade properties although my inexperience is hindering me. What would be a good price distinction between each category?
e...
Kyle Critchnau
Foundation repair in valuation?
I'm going to look at my first house on Monday, and per the seller (the daughter of the homeowner, who is deceased) the house has foundation issues. How do I assess how much it will require in repairs related to the fo...
Brett K.
aligning incentives- How to structure a flip team
I don't have a handyman bone in my body and I have no interest in learning that side of the business.
I've found a great contractor and I'm trying to figure out how to align our interests for future projects.
He...