Michael Lauther
How to deal with wholesalers
[b]I have made an offer on a property through a wholesaler. Is there any reason that we can't just close through the title company with the current owner and have the wholesaler paid from the owners proceeds. I would ...
Allen L.
those who are buying multi family at 5 cap, what's your plan?
Hi all, with cap rates in most medium sized markets at 5 cap, and those that are transacting around this cap rate, what is your plan? Are you looking to hold long term and defer as much expenses as possible, wait for ...
BJ Min
If you had 500k in equity, what would you invest in next?
If you had 500k in equity/cash, what would you invest in next?
JC Chavez
What are your thoughts on investing in the Cleveland area?
I have been considering a few multi-family and commercial properties in the Cleveland metro area. I initially was excited with the thought of OOS investing in this region due to relatively low cost acquisition, better...
Michael Lerch
Backing out of wholesale contract
This is the last thing I wanted to have happen, but I need to get out of this contract. I couldn't find an investor to assign the contract to, and now I'm supposed to close on May 14th for $14,000 plus closing costs. ...
Michael Durand
Need direction - Want to start flipping
I've been on BiggerPockets but never really took part in any of the forums. I decided to go Pro to show I'm taking this business seriously. I'm in the northern New Jersey area ( close to NYC) where I'm looking to star...
Ben Gonzalez
Dealer Status and Installment Sales
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...
Chris C.
Help choosing a market
Hi. First time posting. I’m looking for some guidance whittling down a market to focus on. My goal is cash flow for retirement, 30 years from now. I am risk adverse and don’t want a lot of hassle and upkeep. My budget...
Michael Mignogno
Who is responsible for destruction to property, the PM or Owner
Hello Everyone, Recently in one of my STR homes, the tenants cause major destruction to the property. It looks like they rented it for 2 days and went wild. Holes in walls, broken bathtubs, smoking weeds in the hous...
Shane Crockett
STR Investors in Washington
I’m curious the best ways to go about finding STR investors looking for strong wholesale deals here in Washington State. I have a model and strategy which have worked very well in finding lucrative opportunities but I...