Alex Locklear
First house under contract
I now have my first "deal" under a 2 month option contract.
I have the home under contract at 212K; I'm marketing it to sell at 220K. Not really a wholesale but more like trying to find an end buyer willing to pay 22...
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The Art of Creative Investing
Many investment opportunities are simply passed up when we as investors fail to "Think out of the box"!
In the world of real estate investing "CASH" is king, but the hard fact is not all of us have the cash, credit o...
Jamaal Hunt
A Ton of questions as a newbie wholesaler
1. I currently an employee for a housing authority in the Maryland region. I really want to take a plunge in the information of landlord and contact information to build a buyers list and go from there. I am still ner...
Karen Gordon-Brown
Are you investing in REITS?
I would love to have a conversation with someone regarding their experience with REITs. For example:1) What type of REIT are you investing in?>2) How long?3) What is your average return?4) Are you investing i...
DJ Tosh
Trying to acquiring a park creatively...
Hey everyone,I’ve been talking with an op of a MHP . We have a lot in common and he has a desire to see the people and park taken care of by someone local. I’ve become interested in this space and pitched an idea to h...
Erik Schofield
Newbie to REI and BiggerPockets. Preparing for First Investment.
When I was in 9th grade I took a career test to see what I wanted to do when I grew up. It told me I should be a Construction Contractor. The test said that on average a Construction Contractor would make 40k/year. I ...
Robert Adams
NV is still one of the hottest markets in the country
NV is still one of the hottest markets in the country appreciating in the range of 7% to 13%. See below:This map illustrates the top states for property appreciation rates year over year. Property appreciation is calc...
Jonathan Jackson
Cash on cash & cap rates
Hey BP fam can anyone please help me with calculating the cash on cash return and cap rate. I just want to make sure I’m doing the right calculations.. for the cash on cash I’m doing the annual net cash flow/ total ca...
Chris Mason
PSA: Self employed generally now require ONE year of tax returns.
I'd say that over 60% of the time, the "automated underwriting system" (AUS) only calls for one year of tax returns for self employed persons. Not the two years you read about on google search results from 2+ years ag...
Patrick Sears
Selling mobiles and carrying note or using MH lender?
Hello,
Been thinking about fixing & flipping mobiles on land to buyers and offering seller financing. Then I would sell partials to get my money back out and repeat. However, I ran across the 21st Mortgage webs...