I'm a first time home buyer. I've been on bp for about a year. Listening and reading. I'm bidding on this home. The realtor asked me what's my justification for asking 85% of the asking price. He said you could get re...
Hello BPers,I bought a 4-plex in Blue Springs, MO (15mi East of Kansas City) this time last year. I am looking to purchase another small multi family in the near future.I used an FHA loan to fund the first property an...
Shoot holes in buying MH's using Lonnies system?
Ive read the book, I know there is no "get rich quick" schemes, thats not what I am looking for. It seems pretty basic as to how to do the deals.
In my opinion the o...
Hey guys I'm looking at doing my first flip and I'm interested to hear your stories of what you did wrong, or perhaps something you wish you had done differently on your first rehab project!
Hello BP so I came across 3 different multi unit properties and it looks like I might get all 3 offers accepted. I'm not new to investing or owning real estate but my experience has been mostly SFRs, and smaller multi...
My partner and I are getting started with the arbitrage strategy to build up capital before we start buying property. We know that Airbnb offers insurance coverage, but are wondering if it is necessary or recommended ...
Straight Outta Stockton - Anatomy of another Stockton “Deal”In a previous post I made some bold general statements regarding how hard it is to find an even halfway decent deal on the MLS in Stockton, CA. As a sort of ...
I have potentially found a property that the numbers work well. It is a wholesaled property. If you are buying from a wholesaler what is your due diligence phase before you write a big check to a wholesaler? Would yo...
Hello All,I just received applications for our first tenants ever. They have passed all of our screens (criminal, credit, etc) and in general, I feel good about it. But there are some quirks:• It is 4 people total. A ...
Bigger pockets just released an article that goes into Wholesaling and how it can become illegal to Wholesale Real Estate in South Carolina.
Here is the link for reference:
https://www.biggerpockets.com/blog/new-sou...