Wenjing Wang
Advice Needed on a Property that is Barely Cashflowing
Hi BP,This is my very first post here :) We need some advice with one of our rental properties. It was not the best investment, (bought in 2007 during peak), the property is barely cash flowing. $76 monthly cash flow,...
Mike Hoffman
Looking for opinions - Would you consider this a good first deal?
Hello BPI'm a newbie looking to do my first deal. I have someone looking to sell me an off market property and they are willing to carry the note. They are moving and already have a new home purchased out of state.T...
Mida T.
Need help with calculating new investment
Hello guys,I am new real estate agent, and I found this off market multifamily listing in Brooklyn, NY. I think it has a great potential if I can find a someone to help me run the numbers and explain it to me. After ...
George Anderson
Cashout vs Cashflow
I am seking advise on rather or not to sell a one of my rental properties which has a strong cash flow I would love to hear opnionions of my fellow investors. Background: House is currently leased as a section 8 renta...
Gail Armstrong
Wells Fargo REO, Listing, and Winning
I'm planning on making a bid on a Wells Fargo REO (listed on the MLS). Records show WF paid $137,500 in 4/17 and it is now listed at $65k. Since the comps in the neighborhood are $140-$200k, the listing agent is expec...
Doug Haisten
Direct Mail Interview
I started my first direct mail campaign and got my first response. The last week or so I had a few "scripts" for the initial interview I had been practicing with but one of the first questions I was asked was "how did...
Oscar Macal
Using an individual/independent private money lender
Hi all,
When it comes to using an individuals private money to fund deals, how is the money typically handled?
I ask, because I recently met an individual on a real estate investing Facebook group who says he offers...
Zackarias Aitchison
Partnering With An Investment Realtor
Hey! I'm curious about what questions you should be asking a realtor who is going to help find you investment properties. What questions should I be asking the different investment realtors I'm looking to work with to...
Mike Dymski
Home buyers face a mortgage cliff
Higher prices and interest rates have dramatically shifted the mortgage capacity of buyers in recent months. The average new SFR sold for $360k in April 2020, according to Census Bureau data. In March 2022, that numbe...
Bob Beach
Is My Property Managment Bullying Me?
We've had investment properties, out of state, for the past 5 years. We've moved a few houses (out of 6) to different PMs due to not being happy with honesty, fees, etc... Now, we have a new company and they have be...