Mikey C.
Buying a house at a foreclosure auction
Hello, this is my first post here.
There is a foreclosure auction on a 850 square foot house that's appraised at $330k. The land that the house sits on is 50ft by 300ft. The house on one side is nearly 500k and t...
Hitanshu Shah
PM has breached contract; legal options for Out of State Investor?
Own a 4-plex in the KCMO Area. The Property Management company has breached the contract in terms of allowable expenses without owner's approval. I am also having communication issues with this PM - no email responses...
Matt Meier
Seeking Short-Term Financing Options for Renovation Property
Good morning,
I’ve come across a renovation property available at a significant discount and would like to secure it without going the traditional 6-month financing route. We estimate the project will take less than ...
Shayan Sameer
Questions About Purchasing a Duplex as a rental
Hello BP Team,
I hope all is well!
I have a question about purchasing a duplex and renting it out. This would be my first time purchasing a duplex, and I’m looking into it as a way to expand my portfolio. I’ve found...
Michael Ewers
Marketing Strategy Off Market Leads
Hey y'all, Wondering what is the best marketing strategy for obtaining off market leads? Working to figure out which route has the best conversion rates when targeting specific neighborhoods. Direct mail, SMS, door kn...
Darrell Crosgrove
Closing costs -- HOW MUCH???
Got a question -- have a family member who is looking to purchase a rental from someone she knows, and is seeking to refinance her own home. Her lender is supplying terms for the rental property which... simply put I ...
Cristian Aviles-Morales
[Calc Review] Help me analyze this deal
Hi BP,I have found a Condo that I am analyzing. But maybe I'm using the calculator wrong? The listing price they want for it is $180,000. If they're willing and accept my offer of $150,000, I'll have a cash flowing pr...
Tom Horan
Long-Term Seller Finance - Pros and Cons
Hello BP - Happy post-Thanksgiving forum browsing.I have a potential seller finance deal on the line and I'm looking for your thoughts.This is a 2-unit property in Denver Metro that I'm trying to structure a deal on. ...
Josh Stack
Adding Contingencies to Contracts Post DD Period
Hi Everyone,I recently went under contract for a package of three houses with a 21 day due diligence window and a closing period of about 60 days after contract signing. This is a transaction in North Carolina and we...
Zachary Stoll
Does this Deal Make Sense? 4-plex in Albuquerque
Hey there BP Community. I'm a relatively new member. Been mostly creeping the forums, devouring podcasts and running numbers on properties. Probably ran the numbers on 75-100 properties and this is the first to actual...