Joseph Duenas
Help! Looking to purchase my first apartment building
Please help me with my first offer for an apartment building: Subject: Six Unit Apartment building on the market for $800K. Only three of the six units are occupied. I believe I can get $1,000 for each unit after some...
Michael J.
Hard Money questions
What to private mortgage lenders generally require as far as LTV? Like if I am looking at a house that has a ARV of 100K what could I expect to get out of a HML and does that include rehab costs?
Is there a good stra...
William Shields
Downpayment Financing Options Question
I am interested in a property. The property is going for $950k and 25% of that would be $237k. We do not have $237k laying around. How do people come up with that amount of money to cover the downpayment? For example ...
Chris Berry
Tenant threatens to kill my family
In june my house was home invaded and my tenant left them in a coma. He broke the lease, lived in the house for over two weeks for free and left a mess and drug baggies all over the road. I informed him he will not ...
Caleb Godsey
Cedar Rapids, IA - Wellington Heights Neighborhood
Hello Everyone.Wondering if anyone has had any success with rental markets in the Wellington Heights neighborhood in Cedar Rapids. It seems as though the houses are priced well. It is close to Coe College which could ...
William C.
Zillow's new "Instant Offer" gets them into the investing game
Zillow rolled out a "test" in 2 markets recently in Las Vegas and Orlando. Simply put they give sellers the option to review up to 15 instant offers from investors they have lined up. A CMA is also provided from a l...
Jonathan Johnson
When is an on-site manger is needed for Apartments?
Hello BP,I'm looking at a 100 unit purchase of 2 buildings. One of the opportunities I see in the apartment is they have a lot of staff.The management on payroll is as follows: Maintenance at $19.50/hr; Part-time main...
Kendall Bond
Tax Liens and Tax Deeds
I am looking for the best book/manual that you may have purchased regarding Tax Liens and Tax Deeds. The 'how to' in this industry changes from time to time so they may not be exactly up to date but the general ru...
Iris Burrows
Am I scaring sellers away by low balling???
Hey BP Community!I've been working diligently to make a deal these days. I've sent out as many letters as my marketing budget can handle, and I've actually gotten a great response rate. Many of those who have called, ...
Philip Klinck
Is my city/county big enough?
The city of Greenville, SC has a population of about 58k and the county has a population of 450k. I own a business that sells B2B and there is barely enough business in my area code to grow at a decent pace.
I want ...