Daniel Andrews
Completed my first Flip in Canton ga.
I just finished my first flip. The house was purchased off the MLS as a banked owned. Asking price was 119k and I offered 125k cash two weeks closing. They accepted the offer. Repairs. I am purchased a house flippin...
Faith Gracia
Investing In Massachusetts newbie
Hi guys! I’m looking to get into real estate investing. It’s been a goal of mine for years, but I’m a college student and finding the time and money has been challenging! I’m graduating in a few weeks and have saved a...
Robert Taylor
Looking for advice on how to present lowball offer on REO in bad shape
I'll apologize right away for the LOOOONNNNGGGG post here, sorry but I was trying to get all relevant info included! Hopefully its a quick read for you!
Its funny, I know some of the guys/gals posting here on BP have...
David Li
Real estate horror story, need some advice
Hello everyone. So last year I bought a 7 units apt for 1.06 million dollars. Everything looks great on paper. Bought it with 3% seller financing on a 8% cap. What could go wrong right? Only thing is I didn’t check wi...
Juan Pernas
Wholesalers who say they're doing a "service" or "favor"
When you have a seller with a dilapidated house that is worth 80k as is, and you're offering them 40k, are you really doing them a favor? I understand the idea of unloading their burden.. but realistically they are be...
Ryan Lam
Graduating from college this June - looking to invest in real estate
I will be graduating from college in June with no debt. I have around 60k saved up and have a job lined up. I have a couple questions.Will I be able to get a mortgage?Should I invest locally or oos? (located in Seattl...
Jay Hinrichs
Unlicensed agents being charged in court
http://www.straitstimes.com/news/business/property/story/woman-charged-marketing-foreign-properties-without-licence-20140521As many may know there is a huge sales effort over seas to sell US turn Key properties. And m...
Nathan Weber
Getting burned on BP?
Hi,Firstly I'd like to thank the whole BP community for making a place with such great resources for RE rookies and vets.But I have been wondering, has anyone gotten burned by another forum member? Obviously I wouldn'...
Brad Gibson
Need Help Evaluating a Small Apartment Complex
I'd like to get some help evaluating a small apartment complex deal. Some context first. This would be my first foray into multi-family investing, so I don't know what I don't know yet. I know that apartments are va...
Mitchell Hammack
15% Property Management Fees Reasonable?
I've always heard that you can expect to be anywhere from 8%-12% of rent for professional property management. I'm finding PMs who charge that as the base fee... but what I didn't expect is to see a high cost for find...