Back in 2007-2008, the market "crashed". Can someone explain to me what that did to RE? I do not understand that if you had rental properties or lease option properties why did one loose their $$$, if they were making...
I'm working with an investor who's holding an unlisted 6-plex with great cash flow. I can pick it up for roughly 75-80% LTV. My challenge is that all of my capital is tied up in other deals/reserves, leaving me with l...
Do you guys insist on a one-year lease or longer? Is six months too short?
If out "driving for dollar" or placing ads on craigslist i find myself calling and responding to other wholesalers or investors. What should I say to them? They are doing what Im doing so its confusing to me especiall...
I am in the process of buying my first property. I will be setting up an LLC as well. How do most people manage the money for their properties? Should I setup a separate bank account and have the money flow in and ou...
Is it best to seek out private money lenders in the area which the property is located? I've been told that it's best to try and connect with private lenders in the area of the potential property for tangible reasons....
A little about my situation is that I live in a depressed area of the United States and have been investing in just buying rental properties and managing them myself. I only have 2 right now and so far have avoided al...
Good morning BP! So I just closed on my first house! I have started fixing up minor things and painting interior to make everything look more modern. This is a 5 bed 3 bath ranch with finished basement. I have the mas...
Hi BP Community,I am a newbie looking at different properties and would love some help to see if this is a good deal/buy or not. Please let me know if there is any more information I should be considering, and sorry i...
I walked away from what I thought was a good deal the other day. I wound up walking away because the area of town was a little (read: a lot) rougher than I initially thought. My realtor described the area only as 'wor...