Holli Phillips
Bought properties at a surplus sale and can't unload them
My husband and I decided to invest in some properties last summer from our county surplus sale. We had a "mentor" that got us into this and charged a fee for his guidance. The whole idea behind these were to buy the...
Matt R.
Does a gumball machine profit more than the average SFH rental?
No it does not... however four gumball machines might. Is what you are thinking of buy and holding make more profit than four gumball machines? This post is to get a new investor to take a step back and consider what ...
Tracy Minick
Eviction Bill Passes in Washington Legislature!
Big changes have been passed by the State...credit to Snohomish County NARPMA sweeping new eviction bill has passed the Washington legislature and now heads to the governor for signature, according to reports.The evic...
Melvin Galloway
Should I Rehab for an ARV of 2.5M or Should I sell AS-IS for 1.4M
I have a 2 family townhouse in a prime Brooklyn New York area BedStuy. All rehabbed comparable properties sell for around 2.5M. I am conflicted with partner as to whether it makes sense to Renovate this property for...
Eric Drum
Owner Financing- More than just the basics
I think I have a general understanding of owner financing. But have some more detailed questions:-If someone has a small balance on their mortgage payment and there ARV is much higher is it still possible to do owner ...
Joe P.
May Have My First Deal and Need Advice
Looking for my first deal and got a call from an old retired guy. He lives in a 1296 sqft Manufactured Home built in 2002. The neighborhood is new. I want to take this sub 2. Here are the numbers.
Got comps from ...
Jim Owens
Purchasing a condo with hard money
I am purchasing a small condo for 35k and it is worth about 70-75k. I am using hard money to purchase this condo and the hard money loan is good for one year. I would like to know if there is a way to refi the prope...
Vikram C.
Multiple choice counter offers?
I have had a couple of bad experiences with appraisals coming in very low with certain lenders and have taken the suggestion of some BP members to try to convince buyers to use my lender.
I have offered a variety o...
Bryan Hancock
Scaling Builders - What Is Their Capacity?
Our development company has grown by leaps and bounds over the last several years. We now have the fortunate first-world problem of having far too much work. I have been turning down projects for about 6 months now ...
Brandon Carlson
How to run/manage a successful Real Estate Brokerage Office?
Hi BP Family,Curious to know if any realtors have become a broker and started your own firm?How was the transition?What do you do as a broker on a day to day basis, and what do you delegate to others?Was it worth it?W...