Hello-
New to REI and I was trying to figure out a HML that was listed on another thread. Was hoping someone could confirm I did the numbers right.
Terms:
70% of the after repaired value
14% for 6 months
6pts
Co...
Hey guys and gals. I am pretty new to wholesaling and have come across a distressed owner who is under a reverse mortgage.. I have never heard or dealt with something like this until now. this owner wants to get out o...
My trouble tenant used to be homeless maybe a year ago or so. So, he has connections with councilors and advocates to I guess help him along.
Anyway, I knew I shouldn't have accepted his application, but I ...
Before I start paying my attorney, I would like to hear suggestions from BP members. I'm working with an owner open to seller financing with a 3-year balloon. The details are as follows:Purchase price $385,000. It ...
I'm putting this out there for anyone considering purchasing turnkey from Real Estate Done 4 U (i.e. Michael Drew). I just bought 4 properties from him back in November. Two of them had issues. One of them had a tenan...
My wife and I have been slowly but surely acquiring some properties over the past several years. And I'll be the first to tell you we have next to no real education on the matter. We just kind of picked up the places ...
Hello Toledo investors,Im new to BP, this is my first post. Ive already learned a great deal from the site and the people on it! Im hoping you can help with some information. I live in Arizona but am from Toledo, I mo...
I can't seem to find much information on this. I'm curious what you guys think. Is it a good idea to own more of the real estate business by having your own property management company to service your rentals?Ex. - St...
What is oaklands 'base year' for determining a 'fair return' under rent control? Can i use state mandated covid lockdowns as exemptions? Per https://www.ci.richmond.ca.us/DocumentCenter/View/61839/MNOI...Fair return d...
How to beat other investors who are willing to pay higher offer price than what I will pay for? How do you close deals faster even when sellers will not budge from their high retail asking price? Do you use other peop...