Wendell De Guzman
Real Estate "HACK" Of the Week - August 22 - How to Deal With Contractors & Avoid Costly Delays
I was inspired by @Brandon Turner 's landlord's "hack" list. SO I've decided that every week, I will share my real estate "hack" with BP Nation. Here's my first real estate "hack" of the week:Issue with Some Contracto...
Rodney Dawkins
Avenues for wholesale investment
Through conversations with a few investors and investor brokers, I am getting the thought that as a wholesaler, it's best to find properties that either have not hit the mls yet and or have just hit the mls for no mor...
Mark Douglas
Property management unnecessary , even while working full ti.....
Looks like my 1st property will be an FHA owner-occ quadplex. I've heard time and time again that there's no need to hire out property management for this small multifamily. What I'm unsure of is how I would handle ...
Diane Menke
How would you landlords handle this?
I have a funny tenant story. I need you guys to tell me how you would deal with it since its an example of the little expenses that can eat up your profits.
My tenants were complaining loudly and often that their ho...
Herm M.
Can someone analyze this please?
This property is valued at $46MM, according to the tax assessor.
Can someone tell me, based on these numbers, what is the MAX that should be paid for this property?
...
Daniel A.
Excessive Profits. How much is too much?
I am starting this topic to open a dialogue regarding acceptable investor returns. What I mean by acceptable investor returns is as follows:
THE TOPIC:
At what point is the investor being greedy?
I will use the ex...
B Cory
The Investor Proof Short Sale Approval
As most of you may know, Wachovia (A part of the Wells Fargo Company) has come out with a new Short Sale Approval letter stopping investors from buying the property, and marketing for a end buyer or putting a end buye...
Matt J.
Creating an Air BnB Plan
Hey everyone. We currently have 3 long term rentals that have done pretty well for us and for our next purchase, I want to dive into a short term vacation rental. This will be located too far away from me for me to ha...
Peter Lee
Bank says no counter on Short Sale?
So, 3 weeks ago, I found a house on the MLS listed for $74k, I made an cash offer on a short sale and it was accepted by the seller. Today, I got a phone call from my agent saying that GMAC negotiator wants $90k for ...
Jimmy H.
Cash Out Refi Strategy for Acquiring Rentals
I'm close to completing my second flip, I just listed the property on my local MLS when I had an idea:
Why not cash out refi for more than I have in the property.
I bought the house for $40k in cash, I have less tha...