John Marsh
California REO Advice
I am looking for advice on a REO in southern California I am looking to purchase. I have negotiated a purchase price of $250K for the home with comps going any where from $280 - $320 K.
My financing consists of a $20...
Jake Lenderman
Flip Galveston Island Tx
Investment Info:
Single Family flip
Purchase price: $142,500
Cash Invested: $190,000(rehab and holding costs etc)
We purchased the property through auction.com, which was very nerve wracking with the horror st...
Frank S.
Chicago Heating - Wall Furnaces vs Ducted
Chicago Heating - Wall Furnaces vs DuctedI have to work on the heating system in two 800 S.F.; 2/1; in a C+, B- area. $750 - $800 rent range.Ducted furnace with AC came in at 12K total before negotiation. I can get...
James Carlson
Think prices will drop? They won't. Blame the Millennials!!
Are Millennials are to blame for high housing costs? Yes. (Disclosure, I'm a Xennial -- born on the dividing line of 1981.) The New York Times has an interesting article out about Millennials impact on the economy, bu...
Matthew Morrow
Treat REI as a Buisness. Get started on the right foot
Hello everyone,
As an investor, mentor, and team lead of an investor focused real estate group- we instill these values and approach to real estate investing with all of our clients and partners. Thought this was wor...
Troy Norwood
Seller Held Mortgage Seller Financing
Hey BP Fam,
I'm hoping to get some input/guidance here concerning seller financing a piece of land. I am looking to seller finance a .5 acre lot.
Is it necessary to find a someone to service this mortgage. I'm look...
Josh F.
Commercial Real Estate Commissions
I have a small commercial office property in Chamblee and have been given all kind of different quotes for what "typical" commission for both the Landlord and Tenant agents are. Does anyone know what is actually stan...
Eric Sato
Fun question - Should I buy more Japan Real Estate (based on general RE principles?)
My question uses details about real estate investment in Japan, but I am looking for general advice based on, hopefully consistent, basic principles of investing in real estate.
I have mortgages on three long term...
Briyana Hawkins
New construction - Cost to build exceeds value?
Hey BP Fam.. need some help! Spoke to a builder today who believes the cost to build our duplex is going to exceed the value in the area.
The neighboring lot is a 952 sf duplex (total sq ft- not per unit), appraised...
Mark J.
BRRRR Analysis Question
@Mark I'm typically a buy-and-hold investor and purchase foreclosure properties, renovate, and rent (BRRRR strategy). Generally, there's a significant initial renovation (capital improvement) which on my analysis spr...