Michael Slockers
Modifying the 70% ARV formula to capture more contracts? Yes or no?
I understand how and why to use a standard formula of 70% ARV - repairs - my wholesale profit when making an offer to a motivated seller.However, I have some buyers who seem less interested in getting a great deal (30...
Zachary Sexton
Live-In Flip On The East Side. Did We Buy Too High?
My wife and I are under contract on a duplex in the rapidly developing* east side of Austin, TX.We made a $471,000 offer and are approved for a 3.5% The current rent for the front and back units are $1,450 and $1,535 ...
Lauren Hogan
What makes Spokane and Washington a great place to invest?
BiggerPockets! I work at BP and I'm working on building a landing page for Washington and the city of Spokane. Would anyone be willing to share why you choose to invest in Spokane or the state in general? What makes i...
Conrad Feh
New Investor First Potential Deal Financing Dillema!!!!
Hi BP family,I am a new investor and currently have a contract on my first potential deal, but having some issues getting financing and needs some advice. Here is a breakdown of the issue:Property/Land is in the Alpha...
Allyssa McCleery
looking for bank representative
Hello, there is an off market property that I have been trying to acquire for a couple months. The current owner is under water on the mortgage and the property needs a lot of rehab. I have met the owner and he is in ...
Nathan West
How do you look at tax assessment
When you are looking into the value of your home and trying to put a value on the marketable value. What role does the tax assessment play in this value?
Scott Meredith
What features do you want in a property management company?
I currently manage my own rentals now, but as I get more and eventually need to hire someone to help me, my plan is to start my own property management company and offer my services to other investors and landlords. ...
Bryan Barrett
How much can I afford to pay
I am trying to answer the queston:“How much can I afford to pay?”Can you help me?I have 2 houses and a rural property.House 1 – Rental. I owe $70k on it Zillow says its worth $185KHouse 2 – Primary residence. I own th...
Maya De Filippo
Advise for company set up
Hello everyone. I am looking for some legal advise to determine my business structure in the US. I am French, l live abroad and would like to start investing in the US (MI). I have been looking at different structures...
Kal A.
LLC doesn't own title, use for other business expenses?
I'm purchasing a duplex on a 30 year traditional mortgage. I'm planning to transfer to a LLC after the purchase, understanding the "due on sale" clause is unlikely to be enforced. Got me thinking, even if I had to mai...