Account Closed
Just Completed My First BRRRR and made $15k!!!
This month I successfully completed my first BRRRR project, and want to thank BP because until recently I've never heard the term BRRRR. We purchased a house in Charlotte, NC just over 2 years ago (November 2014) for...
Isaac Lipscomb
New investor with ALOT of questions
Hello Fellow Investors!
I’m new to investing and I’ve been chomping at the bit to find a good way to start. Right now capital is at a minimum and I’m improving credit so while I start saving money and networking wit...
Eric P.
Coronavirus and vacation town impact?
I still think we'll see the economy bounce back sooner rather than later, and I don't think there will be too much impact on housing prices overall, but I do think vacation towns could get really hurt.
In NJ for ex...
Au Jia
Seeking advice: syndication term sheet and legal documents
Hi friends,I want to start put together a term sheet that can send to potential limited partners (LP/investors). I was hoping to find a typical set of legal documents including a term sheet, a partnership agreement, t...
Mary Joe
Cities where condos cashflow or breakeven with 25% down??
Hi All, Am looking to purchase a condo and rent it out as long term investment. Looking for grade A neighborhoods in cities across US. Goal is to buy and hold long term in good neighborhoods that attract good qualit...
Will Maxwell
First time flip and getting cold feet
I have learned a lot from reading BP, thanks for the posts! Wife and I are looking at a home just down the street for our first flip. It is going for auction at $75k the comps are going for $135k. I currently have $4...
Sergio Aguinaga
Lease Agreement Clauses
Hello Everyone,I am actually new to BiggerPockets and look forward to becoming a successful Real Estate Investor in Michigan. I actually just got my first property and look to have it up on the market in about 2 weeks...
Kirk R.
Wholesaling my step by step plan with lots of questions.
Trying to be succinct.
1. Hand deliver blind offer letters to unkept houses.
Blind offer verbiage:
***
I was driving around the other day and happen to pass by your house on 5th St. Looks like it could use some wor...
Account Closed
Need advice on first multi-family home purchase
I have bought several SFH in the past. Alwasy hesitant to buy MFH because of unknown. Just run across a seeming good deal. But not sure how much to pay? It is a bank forclosed quadplex with all 4 units vacant. The qua...
Charles Shils
Buyer agent commission
I listed on MLS through entry only
Buyer came in with agent
Buyer had no written contract with agent
Agent submitted formal offer to purchase
I refused---It was too low
Buyer came in with other agent and submitted a h...