Hey there everyone! I just recently got interested in getting into real estate, and I was advised that wholesaling would be a good route to begin on. Could someone please explain the basics of what wholesaling is? Tha...
I'm purchasing a property with an existing tenant who has expressed a desire to stay. I'm very new to this; how does this work?- Do they sign a new lease with me or does their existing one transfer? If the existing on...
Hi BP community, are there platforms or open market for trading real estate based privates notes? (1st/2nd/mezzanine)? I know there are crowd funding platform that does origination but not sure if there are marketplac...
Do you base the cap rate on what you purchased property for: Or, is cap rate based on current market value of home?Also: is capital costs included in cap rateMy example:1. I purchased property for 25 k ( 10 yr ago)2 ...
Just wondering what the best technique is when driving for dollars. Do you automatically send postcard if you are using DealMachine or similar type app when you find what appears to be distressed home? Or do you first...
As I've played around w/creating a business website, I found myself wanting to publish two sites: one for motivated sellers, and one for potential investors (private money folks).
I wonder how you all tackle ...
I found a property that has been vacant for two years now. After searching the title and figuring out the owners name I then talked to the neighbors and found out that he is an 80-year-old man with dementia. Apparentl...
What is the maximum number of allowances someone can take on their W-4? I've read articles that pretty much say between 0 and 4 depending on filing status, children, other jobs, etc. After completing a worksheet at ...
I recently got pre-qualified (waiting for the pre-approval letter any day now) for a mortgage on a residential property. The broker asked whether this would be for my residence or investment, and I told him it's an i...
I am thinking of ways to create passive income from new construction. One option is to build new rentals. However, I was bouncing around the idea of doing seller financing as the spec home builder/owner. If my futu...