Aamir Shah
What to do past 10 properties
I have finally acquired 10 rentals. Hooray! Now I'm stuck. All rentals are out of state in MI. I am from CA. The 10 rentals are fannie mae loans. I want to keep buying more rentals, but am stuck on financing. Called...
Christopher Blanco
Best Course of Action to Cut Back Scope
I ran an initial estimate on a property, when I showed it to my contractor, before he went out to the property he thought the dollar amount and the scope looked good. After words, he came back with a bid that was abou...
Jack Srimani
Need expert advise on this figure
Hi,
I am looking at a four unit property which was built in 1926. The owner furnished the following:
Sell price 130,000
Rent- 23640
Operating Expense- 11315 - (Gas 3852, electric - 4260 Tax and Insurance 3200)
Net ...
Upgrade Costello
In which warm city should I buy a winter home duplex?
I am an investor, I have 7 properties free and clear, and I have bought foreclosures and bank REO's.I want to buy a winter home that is a duplex in a warm city where I can get a foreclosed duplex in a B or C class nei...
Austin Jones
Accountant / Accounting Platform for Small Investor
Hey BP, I'm looking to expand but am being overwhelmed by the amount of work required to keep it all organized. I had one accountant give a quote that was quite high for a small number of properties, and Quickbooks e...
Ben Layman
Cash out refi in growing neighborhood in Richmond VA
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $187,000
Cash invested: $16,000
This is a 3br/2bth attached row house I bought in 2014 for $187,000. Since then, th...
Brian Watkins
Marketing - Inbound vs. Outbound on a $1000/month budget for the next 6 months...which is more effective?
Hello BP! We are about to begin a marketing campaign. We have heard all the positive responses regarding directmail (Outbound) marketing. I haven't heard much about inbound marketing for example Facebook. I have a que...
Adam Scheetz
Live Auction Due Diligence & Bidding Tips and Tricks
I'm looking at XOME.com and Auction.com and it got me to thinking, I've got a great prompt for a cool discussion topic!! What are some tips and tricks for conducting due diligence on properties going to auction?As in;...
Wallace Zhou
Need advise to rehab a house build in 1911
I recently purchased a property which was built in 1911. The house is almost 1700 sq.ft, which is kinda rare to have such a big house build around the same period in this area. The property is in a very poor condition...
Jamie Wooley
Are Expired Listing worth Pursuing?
Happy New Year BP!So any of you that have access to the MLS in any way or form. Have you ever worked expired listings? If so, did you have any success with that?What is the best way to get the owners telephone numbe...