Mark Brogan
this is why you do NOT just put houses under contract
I met a wholesaler in my area last week,he had what I thought was a good deal on a house until I had a preliminary title search done and found out the house had lots of liens and back taxes on it.Would any member of b...
Preston L'Ecuyer
Check My Numbers - Rental Property - DFW
Hello All,I would humbly ask for someone to double check my numbers on a potential deal I am working on. (Sorry if this is not the proper thread, this is my first post, other than new member post).Details:Not on MLSAr...
Jess White
What does diversification look like for real estate investors?
We hear so much about how we should Diversify our money and portfolios. Yet most of us here on BP beat to a different drum. We don’t depend solely on a work 401k or pension plan to be our saving grace when we are 65. ...
Chibuzor Alumba
Bad First Investment - Newbie Beware
My very first deal:Purchase price: $205,000Down payment: 11% + 2% closing costsHouse Type: Single FamilySqft: 678 (WHAT? This isn't even a tight market nor a great neighbourhood. How did I get sold this crap lol)Locat...
Account Closed
Turn-key bumpy start
Hello BPI’m off to a bumpy start with a turn-key company. I’m weighing my options and any input would be greatly appreciated.I purchased a new construction SFH in Atlanta suburbs (Covington). I live in San Francisco. ...
Account Closed
Does the "No cash No credit" financing really work??
Today I see a lot of montelongo, legrand, dc fawcet...They all preach no cash no credit. Let other people do this and that..creative financing. Is this all mumbo jumbo or can it be done? Have any of you done a creativ...
Alex R.
Where the real profit in flipping comes from?
Well, I hear that flip itself doesn’t create profit and time and effort spent make the property sell at faire market value.
Meanwhile flip is not (or should not be) dependent on house value appreciation.
So when you...
Jack Tucker
Turned a $52k condo into $6250 in rent / month. Forget 2%, This is an 8.3% PROPERTY!
How to make $6250 rent a month on a condo? Here's how I did it. BANK CALLED ME and I agreed to buy a condo they were about to take back in Athens Georgia near UGA. 3 story, 5 bed, 4 bath with nearly 3000 square feet. ...
John Hall
Mobile Home Park Flip - May have bit off more than I could chew.
Long time lurker, first time poster.Park is 20 Units, all but 2 are park owned.Paid 215,000The PLAN was rehab units, fill occupancy and sell the park when it was stable for around the 4-500 mark.Fully rented the park ...
Eric Noble
How to sell a house despite lower comps
I'm planning to liquidate my rentals and my personal residence - move to AZ. I'm looking for creative options/agent support for my personal residence as it does not align well with the comps of my area. Thanks