Brayden Fimple
Cold calling scripts for pre foreclosures?
Hey I’m starting to do cold calling for pre foreclosures in my local area. Anybody have any scripts they recommend or how I should start out in the conversations?
Brandon Thurman
Seeking Advice on Handling Rent Increase Dilemma with Elderly Tenants
Hello! I hope this message finds you all well. My wife and I recently acquired a 4-unit apartment building with inherited tenants, and I'm facing a bit of a dilemma that I'd appreciate some advice on.
Two of our tena...
Account Closed
How To Make $2 Million in Real Estate in 2 years in the Bay Area
My partner and I went out to lunch with one of our agents who sold us 2 buildings last year. He asked how much do we cash-flow on the buildings? We looked at each other and said we didn't know. You've gotta be kiddi...
Fred Shandler
Help understanding using equity to obtain more props
I know this is a very amateur question, but I don't understand how exactly equity is actually used in (or helps in) obtaining more properties.
For example, investors typically buy at 70% of market value, less repairs...
Keng Fong
Questions that came up when I am trying to start investing in real estate
1. Is it a good time to start investing in real estate because the interest rate is so high?2. How to start investing in real estate when I live in a very expensive area？ (Seattle WA)
Vlad Denisov
Delta between future income and expenses
Let's say we underwrite a deal and we think 3% growth in Gross Operating Income and 2% growth in opEx are reasonable. Because of this delta, NOI increases every year and Cap Rate as a result. But NOI can't grow infin...
Emmy K.
Closing on first property, 12-plex in 1 WEEK!! Tips prior to taking over!? TIA
My husband and I are thrilled and a bit nervous about closing next week on our first property--- 3 four plex's a mile from our home. A HUGE thanks to bigger pockets for helping us crunch numbers, network and give us c...
Ben S.
Raising rents A LOT on a 4-plex that we just purchased
We just purchased a 4-plex in the Minneapolis, MN suburbs. The current rent is averaging about $720, but the going rental rates are somewhere between 1050 and 1350 for a 2 bed 1 bath unit. We have purchased this pro...
Matt Ellis
I think I have a deal here. What do I offer?
Seller has a Property that her son is in and not paying rent ( so she has to pay all the bills). She even said that she would have to go back to work to pay her bills ( she is retired).She is asking $150,000 ( that is...
Hyeseong Park
Question about the best loan I can get for refinancing
Hello,
I recently bought a distressed property at the end of June (6/27/23) for flipping as my cash only and I just finished rehabbing it using my cash only and put it on the MLS market currently. But it seems like ...