Chris Escamilla
Chris from California (Orange County)
Hello Everyone,
I’m a new member here. I found this site, did a little reading, and just had to sign up! I live in Southern CA (Orange County) and yes I have my CA RE license. I have been active flipping, re-...
Allen L.
After finishing rehab for a flip, what do you do next?
Hi all,What do you do after you finish rehab on a property that you intend on selling? I see a few options and want to hear what you do and whether you have any other good options. The point I want is to reduce taxes,...
Jay Y.
Would you buy a house with polyethylene pipping
Hi all, I just put in an offer for a house built in 1994. It's an otherwise great house except it has the dreaded polyblus... It has an unfinished basement so if need be, it wouldn't be terribly bad to replace the e...
Patrick Philip
Making my own list versus buying one?
Most wholesalers buy their lists from vendors such as Listsource.com, Listgiant.com, etc.I just bought all the properties in the neighboring counties from the property appraisers. Do you think I would be just as well ...
Chris S.
Door Knocking Letter
Hi everyone,I am about to embark on my first door knocking journey and I wrote this letter to leave with people that aren't home or aren't ready to sell yet but may be interested in the future. I was wondering if ever...
Gary Dezoysa
Does the 50% rule hold true for lower end properties?
Hi, I know that if I compared a $30,000 house renting for $600 a month to a $120,000 house renting for $1,600 a month, the cheaper house would have proportionately less property tax and vacancy factor, maybe also insu...
Johnson H.
$196 Million Chapter 11 Bankruptcy Story
I see a lot of new investors on BP and I wanted to share this story of a very prominent investor, hard money lender, developer, well known in the community that filed for bankruptcy during the financial crisis. He was...
Jayden Espinosa
Second Property Challenges
Good evening folks!I am currently attempting to move into my second househack. However, I have run into an issue. I am locked into a first time homebuyers loan and I either have to refinance or pay it off to get rid o...
Moises Suazo
Lease option for expensive homes
Hey guys. I’m in Brooklyn NY where houses here are super expensive. Most are multi-families that are valued at 800k even a million. So im thinking of marketing for single families in queens where prices are 500k -600...
Josh Fli
First Rental - Upstate NY / Southern VT / Western MA
Hello,
Long time lurker first post. Currently I live in Upstate NY(East of Albany) not far from the Vermont/Mass border. Looking into buying my first rental property and I was wondering which state would be the most...