Mike Lofton
When should I double-close or wholetail a deal?
Hi BP Community!(This is my first forum post - super excited!)I just locked up my first purchase agreement that has substantial potential after a quick rehab...now the question is: what's next? Given the large spread ...
Andrew Green
How trustworthy are cap rates
How do you verify if the owner has included all expenditures to calculate their cap rate? Considering a 16 unit for 560k with an 8.04 cap rate. Is this considered a good cap rate?
Patrick Donovan
How long to hold a property for a tenant?
I have a property that I is available for rent April 1. Most of the people inquiring about it are students since it is so close to the 3 universities we have here in town. My question is if I find some tenants who are...
Lisa Rivera
Hello from Fayetteville, North Carolina!
Hello Everyone!I am a Real Estate Broker and Investor. I have been a broker for about 7 years and investing for 5 years. I joined BP because one thing I know about our business is that you can NEVER gain enough know...
Justin Rivord
Newbie from Flint, MI!
Hello BP! My name is Justin Rivord. I am completely new to real estate but that's why I'm here!! I am 25 and currently a college student but I honestly don't know if college is really right for me. It's not for ev...
Daniel Mohnkern
What does that acronym mean?
Having studied and invested in real estate for several years now, I have learned what many of the investment related acronyms mean and how to apply them. I do, however, know that the jargon aspect has been quite frus...
Jason Branum
New member with a good start on a buy and hold retirement plan in Chattanooga, Tn.
I am a 30yr old new dad to an amazing little girl and little did I know, I started investing for her future at 18 thinking I was just gonna flip a few homes for quick cash. My portfolio isn't the most impressive but ...
Mike A.
Hello from Vancouver Canada
Hello Everyone!My name is Mike and I'm from Vancouver, BC. I'm a designer, therapist and wholesaler(retail store items).I've done a lot of the Guru stuff in the past. We usually get a troop of speakers up here, now mo...
Michael Giamanco
First Wholesale Deal
So after 3 years of studying "how to be an investor" I finally got my first wholesale deal out of the way!! Man, it was a tricky one too and it paid off very well. I made $10K on this deal. It did not cost me a dime s...
Jason Ligon
APR Question on FHA Loan Proposals
Hello all,
This is my first post on the forum. My wife and I hope to be purchasing our first home within the next few months. We found a mortgage broker and he has come back to us with 3 different FHA loa...