Seldon Rios
Real Estate Investor mentor tells me it's illegal to wholesale
Hello everyone!I have recently been in contact with a local real estate investor who's been investing for over 25 years. He agreed to take me in as an apprentice. I asked him that I would like to get into real estate ...
Michael L.
BRRR Strategy - Refinance Question
Hey there BP community,I'm getting ready to tie up a house in phoenix with hard money and i'm having some issues with the refinance part.Here's the deal:Purchase price: 90kARV: 135KRehab costs: 5kThe issues that i'm c...
Adam Scheetz
BRRRR: Does the Refi eat up your gross rent?
Here's a question for you about the BRRRR. I've put this to the forums and haven't gotten any responses back yet. Here it is; When using the BRRRR method, and you refinance to pull the equity out in the form of cash ...
Joseph Eiwuley
Contractor contract request
I am a newbie doing my first BRRR. Does anyone have a draft contract agreement that I could use or follow to get the contractor to adhere to the terms & conditions during the duration of the work? Yet still if th...
J Hurwitz
Question Regarding Inspection Report
Hello good people,I'm in the inspection period for my first home purchase. The inspection report came back yesterday and it identified a few items I'm not sure how to react to. How concerned should I be about the fo...
Billy Zhao
Buying Duplex in A Hot Market
From the onsite, it doesn't appear to be a good deal. Please give me some of your thoughts:
Type: Duplex, fairly new, not a fix-upper (mostly updated, need minor updates that shouldn't cost more than $5,000)
Asking ...
Stephen Seaberry
NE District of Columbia and Prince George's County
Hi BP,So after a few weeks of researching, I've settled on farming in NE DC and PG County Maryland to fix/flip. Is anyone currently investing in that area and, if so, what are your thoughts on the outlook for those ar...
Alyn Shek
Free & Clear Property w/ Seller Financing
Greetings to All. Hope everyone had a festive holiday. I have an opportunity to purchase a 2 family frame and a 1 family frame house that sits on one lot. Neighborhood is A, if not A+ with great school. It's in a de...
Teri B.
Foreclosure, Sort-of-squatter, Evict?
Hello,I could use some general advice if anyone feels moved to do so. I'd greatly appreciate it.Just closed on an occupied REO. Auction.com purchase.Met occupant after closed. She's only been there 3 months. No le...
Aaron Araujo
Landlord Rental Forms???
Hey BP!I’m a new landlord in Massachusetts, particularly New Bedford. As I get acclimated to the business I’m trying to solidify all my systems and processes. I’m curious what other landlords are doing for their renta...