Tannis Spencer
Detroit Wholesaling (Virtual) - FIRST TIMER
Hey BP Family!
I've been on the platform for some time soaking up knowledge and finally feel ready to begin my RE career with wholesaling. I'm based in NY but looking to wholesale in Detroit (specifically around the ...
Dustin M.
Minimum amount of repairs to complete on MH before selling
Hi,
I am struggling with deciding on how much in repairs I should complete before selling my mobile home. On my last home I fixed all the floor damage and re-carpeted the floors in three rooms. I spent around $800 do...
Tim Herrick
Foreclosure Auction- Divorce Judgment
I am looking into a bank foreclosed auction property (Auction.com) in New York. In my research I see that there is an active $68,000 divorce judgment in 2021 against the husband who was foreclosed upon. The husband an...
Jack Martin
Anatomy of a recent MF wholesale deal
Hello my BP friends,While building our portfolio, we constantly find properties that are really good deals, but for a variety of reasons, don't fit our long term criteria. Instead of passing on them, we flip them to ...
Danielle Scott
Landlord home insurance policy
I will be converting my current home into a rent house as of 6/1 due to moving out of state. When I called my agent they said the current company no longer wanted to insure my home due to the fact that I am renting it...
Rob Schock
Escape clauses
Hi All,
I'm new to this site so my apologies if this has already been addressed elsewhere.
I'm working with a Realtor on short sales. My plan is to wholesale the property or assign the contract. I have transactional...
Cody Skidmore
A few questions for starting up
Hello everyone! I had a quick question regarding tax deductions that I wanted to try to get an answer to. I plan on putting a home office in my house and had read in BP's "tax strategies for the savvy real estate inve...
Jason Varney
Wholesaling a seller financed property
Hi all,
I was wondering how the workings of a deal would pan out when trying to wholesale a property that is seller financed. I know a few investors in our local REIA group that are looking for seller financed rental...
Jim Breedlove
Insurance: Program Business for Single family rentals
I've been checking around with several Texas agents to to get insurance for 8 single family rentals in the name of the LLC that owns the houses. A couple of agents have suggested getting coverage under surplus lines...
Erick Martinez
Vacancy Rate
Where do you find the vacancy rate for your area? (I'm in the Phx, Az area if your wondering)