A (agent/friend of the seller) I have been communicating with is requesting LOI & POF when I start asking specifics about his property. My question was why his rent roll didnt add up.He says he needs those forms ...
Hey BPers, my name is Joe and I'm super passionate about RE and really want to get started in investing. But fear is holding me back from getting started and so i'm looking for a partner and or mentor to bounce ideas ...
Hi BP!My name is Mykael Williamson and I am a new real estate investor in Nashville, TN. A little about my background: I am a native from Nashville. My day job is in healthcare operations and I am very excited about...
Hi BP, first time blogger. Like a lot people here we are looking for financial freedom. We have always had an interest in buying rental properties to replace our income & to be our retirement income when that time...
Keep buying low and selling high? Not hard to double the cash each and every year. Any better way with better result and less efforts ?
I am looking for information on how to start real estate investing. Would attending a 3 day real estate workshop such as Fortunebuilder, for newcomers like myself, be helpful? Thanks
Okay so I have the basic wholesaling steps down.
1.Find a Property
2.Put it under contract using a PSA
3.Get it inspected
4.Get rehab estimate
5.Calculate the gross income (rent)
6.Calculate the PITI
7.Get the estima...
I have a subdivision in So TX, Brownsville/Mcallen area. This is almost in Mexico. I decided to ramp up a couple months ago and build 4 models and get after it. First model is sheetrocked and others following in step....
6 Unit - 2 BR each
Rents are $450, $475 & 495.
Asking: Price is $149,000
Owner says the building is completely rehabbed:
New plumbing & water heaters
new separate electric
new furnaces
new windows
...
I've been working on a SS with Wells Fargo ( FHA) for a few weeks. No double closing - I am planing to buy the property, hold it, clean it up maybe do some minor work and unload it after their 30 days. The appraiser j...