Ok since everything is more expensive lately, if I find something useful for cheap - I'm thrilled to see it. I was driving out of town this past weekend and found a store called "Meier" - kind of like a Kmart. Anywa...
I've put an offer on a short-sale close to the beach in Florida. The owner has 370k left on the note, the bank is asking 310K and Im offered 270K. The appraisal is being done but I estimate the house to be worth aroun...
I was recently speaking to someone who owned a vacation condo in Hawaii and was quite shocked to hear that his property management company charges him 50% of his rental income. He was however very happy with the arran...
Hello All,
I wanted to find out if there is a way I can find out what % that I and other investors would get back if we did the following:
Property cost $40,000 and repairs is $10,000 = $50,000
Investor #1 puts in ...
When your making money either buying and selling property or you have cash flowing properties, how do you manage your money ? What do you do to maximize your dollars ? Do you build up your profits and save for another...
Hello, I'm negotiating to be the primary investor on a 4-family home that needs refurbing then likely could rent out. The refurbishment needed first is extensive. I'm familiar with straightforward quick flips, but ...
Hey BP,
My realtor found a property that is a good lease option buy for me. However I have not done a lease option with a realtor before. My realtor has not done one before either. Are there any BP'ers out th...
A friend of a friend approached me with an offer:
He will get me leads on properties that I have for free! Yep Free!
But …. If a sale is made for one of his leads he wants 1%.
What do you say? Would you make a deal l...
I am just starting out. Interested to hear from other investors if you are a licensed real estate agent. If you are, did you get licensed right away or after you had some experience?
I am working overseas and thinking about buying a house for my father to live in. It looks like if I want to buy, since I am now classified as a non-resident, I would be looking at a minimum 35% down payment. Just won...