Ok so I have been doing a lot of reading on rentals and I know the 50% rule is the standard rule to go by when analyzing these deals. I have a potential deal on a 2 family house for 375k but needs about 60-80k to b...
Hi BP community-
I'm starting out, marketing to a list of 600 absentee owners with 50% equity in properties, and wanted to try something a bit different than the traditional yellow letter/postcard approach.
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I have recently started a property management company with a colleague and we have had a stroke of luck where a client was asking us to try and find him a commercial property that is of significant worth. We are fully...
In the next year I will be purchasing a number of buy-hold single family rental properties in my area. I have access to the MLS and Zillow, and any internet site, but on the surface I can't seem to extract from thes...
Hey guys! My first flip has had TWO full price offers back out on bad inspections. In both cases the housing inspector said the foundation needed further evaluation (but of course went on to add superlatives that I pe...
Hi all,As you all know, being an agent in this industry "holds us to a higher standard", even for our own deals. Is anyone a current Broker in Charge in NC, and do you think switching to this role changes how you hand...
Hello BP,Twenty eight years ago I bought my first rental property. It was an owner financed 3 unit property with a $5k down payment on a 12 year note. We held the property for 7 years and had good equity when we sold ...
Hey all,This is Rakesh from Houston,Tx. Saw a post on city-data forums about BP and that is how I am here :)I always had/have an inclination to enter into Real Estate business since I was a kid. But then, my love for ...
Hey BP Family,
Whenever the conversation of me getting into real estate comes up, everyone tells me to look for foreclosures but are they really the way to go?
There are so many foreclosures around but they never ha...
Hey BP community! I am working to better increase the response rate of my direct mail marketing tactic, and wanted to see if anyone can provide some pointers. I feel it is important to express to the home owner that y...