Michael Blair
Brand New - Lots of Questions.
My wife and I are diving into the idea of vacation rentals for the long term. Basically, acquiring a good number to be there for retirement. We are fortunate enough to not "need" income from these properties right now...
Chad Clanton
How does a double close not create a clouded title?
Hi all, quick question which has probably been answered already. I'm looking into the mechanics of wholesaling, if you will, and am just wondering how the investor purchasing from the wholesaler, then the wholesaler p...
Drew Clements
Should I separate contacts from properties in Podio?
I'm on day 3 of setting up Podio. My first project is organizing the properties/contacts I've identified while driving for dollars. I feel a little stuck at the moment as I'm trying to refine the apps.My thought is th...
Kim Handelman
HUD
Hi All, I found a good wholesale deal but the statement says "Is subject to HUD guidelines 24 CFR 206.125". What does this mean? Is this a house that can be wholesaled to a flipper?
Robert Howell
Liability and Responsibility
@Bill G.Originally posted by @Bill G. in another thread:Different types of notes require different compliance requirements. When you buy a note, any note, you take on the liability of it's origination and all past s...
Jose Alonso
Miami Market!
Hey guys so I just bought my first duplex in Miami. Pretty decent area going to live in one unit while renting the other. Now I would like to buy another property strictly as an investment to rent out, I am looking at...
Mike Schorah
While cold calling, when do you have to tell a prospect you’re licensed?
If you’re an investor looking for a property and you’re a licensed real estate agent, when do you have to tell the prospect? At the time the contract is signed (if it gets to that point)? When they pick the phone up? ...
David Walton
Investing security deposits
Hey BP folks! Curious about potentially investing some of our tenant security deposits in CD's. Was thinking of taking about half of the deposits we currently have and doing some short term (12-24 month) CD's as a rev...
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, ...
Todd S.
My financing strategy
I wanted to get the community's thoughts on my financing strategy. It is as follows:
-Getting a $25,000 home equity loan through credit union.
-$25,000 loan will be used for money down on hard money loan.
-Hard mon...