Hi BP members,I am looking to invest in a SFH that cost about $400,000. With 20% down the property will negative cash flow $500/mo. It breaks even @40% down. One lender advised me it's better to negative cash flow ...
Hello everyone! I consider myself a “starting out” real estate investor. I have 3 rental properties, have done a couple profitable flips, and also manage my grandfathers rental properties... just a little background. ...
My subject is not direct, but a legitimate question.I recently got a prime follow up call for a prospect that could absolutely be wholesaled. Upon making an offer and coming to negotiating terms with the seller, I nee...
The new law the SC Governor just signed makes wholesaling illegal.It has 3 parts.1. It defines wholesaling2. It says you must have a license to wholesale.3. It says a licensed realtor can't wholesale.No attorney is go...
Greetings BP, I’m 17 years old rookie investor. I got into real estate almost a year ago, I’ve read the classics (Rich Dad, Poor Dad; Think and Grow Rich; Richest man in Babylon) and many other more real estate specif...
Why You Should Not Allow Residents to Deposit Money Directly Into Your Bank Account.
I am new to Real Estate Investment and planning to buy it from Marquis Properties in Utah. Appreciate any feedback on good or bad about doing business with the company.
Thanks,
Ram Tummala
Hello Everyone! I am just getting into contract in the next few days with a 47 unit multi-family property. The numbers are great, the occupancy is high and the property is well maintained! My questions is this....
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My fiancé owes a small 2bed 2bath townhouse outright. It was her primary with a roommate until she moved in with me, now it is rented fully. It is valued at $1.3mil and she bought for $550k 5 years ago so not a bad re...
Maybe some guru has been advertising heavily on late night tv or something but to me it seems like there are A LOT of new people trying to wholesale. They have been told they can make RE riches despite having no mone...