Hello everyone! I am looking for some insight on a potential plan that I have come up with. My wife and I have a few rentals, all setup as land contracts. I currently work a day job which ties up a lot of time. I plan...
I have a 3 family home on contract right now for 120k and the gross rent is 3k. From the comps I have looked at, I think the house should appraise for at least 170k. I want to know if there are banks that will be w...
Hey guys,
If I wanted to buy a property from a family friend who is willing to seller finance the deal, what would be the process we should go through to get it done?!
Do we need a real estate agent or is there a w...
Hi BP! How do you pay for and time the various due diligence reports that need to be completed during the due diligence period of an apartment building being under contract? I know that several DD reports have to be d...
Hello. Here's a basic but key question regarding the mechanics of a purchase agreement on a property needing improvements (i.e. flip). I'm new to flipping and have not built up a track record yet that could be lever...
Has anyone every taken the 40k Flips program from Josh Cantwell. Its $995 for 7 week course Do you think its worth the money its a lot cheaper than FB's 25-30K Thanks Derek
I've listened and watched a lot of podcasts and webinars and I've read a few BP books so far. I'm still learning a lot. I've heard @Brandon Turner talk a lot about investing any positive cash flow to buy more properti...
So, total newbie question here. I took a weekend course to learn the basics last week. I immediately found what seems like a great deal, and I made an offer. They have accepted the offer and just sent a contract ov...
From several posts I've read it seems that flipping and/or assigning mobile homes is not too different from doing the same with SFH's. However, when I told a friend that I was going to assign a contract on a mobile ho...
This would be my first investment property. Here is the quick rundown; Renters beat it up a little bit (roughly 20k in repairs that I will do myself), mostly cosmetic and then quit paying their bills so the owners dec...