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All deals done in Southern California....over the past 21 months
Deal #1 got offer accepted at $100K for a duplex, wholesaled it for $107,000 to a cash buyer, netted $3500 +/-
Deal #2 got offer accepted...
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BP Family! Bring it in :-)I've been consistently analyzing deals in LA on a daily basis and had to keep writing "Damn" on the bottom of my pages of paper after analyzing that the property will not cash flow. Well, I ...
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I am in contact with a 2nd position private lender who is willing to sell his note at a small discount. The property is in California, the sale date is scheduled for mid December and he is the foreclosing lender. Ther...
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I just off my second call with WCAP Financial Services.
Long story short, the salesman become combative when I questioned their sources of funding. I requested multiple times to get an explanations and clarity of ser...
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Hi there everyone,
I introduced myself around 2 months ago in the BP family. I have been looking for my first investment property since a bit before that. I haven't been so lucky.
I am currently targeting small mu...
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*reposting because I wish I came across it when I first started out, and I have a good update with a number breakdown(8/6/18)Hey Texas BP,I want to take a second to discuss a very undervalued and underrated topic-- Li...
In doing my research it seems that multifamily class C/D tends to have the best cap rate and cash on cash returns any way you look at it. From an investment standpoint it seems like a no brainer. However a lot of th...
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Hello all!
I am writing from Wylie, Texas where I live with my wife and 3 kids. we recently moved from Dallas, to get away from the inner-city feel. My wife stays at home and homeschools our 3 kids. I used to work co...
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This post is more of a pondering than a question... I was thinking this morning, after getting my 30th email from one "guru" or another trying to sell me a system or information.Here are a few of the systems I have lo...
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We just had our first accepted offer on a house that I knew would have some underlying problems. After the general home inspection, we discovered WAY more than we were willing to take on for our first rehab/rent so w...