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Hello, my name is Reid Balmelli and I live in an area south of Olympia, WA. I've recently been learning about real estate and would still consider myself very new. I took an interest in wholesaling as a way to start m...
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Please help me look at this deal. I am getting really close to my first purchase. Have been learning all I can here, but feel nervous about my interpretation of how to analyze a deal and I know many of you can do i...
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What do you guys think of this plan?
I buy some mailing database of doctors, lawyers... I either email them or mail a postcard to ask them if they would be interested in getting 8% on their money backed by real estate...
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As I am in the process of getting educated and either finding a lender who will lend to me, or a partnership/other sort of creative way to buy, I had a total "how the hell am i going to do this moment" last night that...
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I'm trying to break the paralysis of analysis. I've done one bad deal.
I see REI as the only viable way to accumulate wealth for my family's circumstances.
1. The following is in outline form so that I don’t worr...
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I acquired the tax certificate in 2017, and acquired the tax deed in 2020. The quiet title was completed January 2021 but Fidelity National Title will not provide insurance until I've have the tax deed for 3 years. An...
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Hi all,It seems some property managers look to charge one months rent to find a tenant, on top of the 10% of rent collected. Is that normal? It seems that a property manager should be incentivised to keep tenants long...
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Hello BP community, Really need some help and ideas on dealing with this situation. I know I probably shouldn't have done this deal, but I have lent on 2nd liens successfully before. This one however, gone pretty bad...
I hope I'm posting this in the correct section.
I am going to start a small business with property management. I wan't to focus on single family residential and charge landlords either 10% or 15% of the rent.
I hav...
I'm looking to invest into a Multi Family Syndication deal and I noticed that the sponsor fees vary from about 1%-3%, depending on the deal. Is that fee usually based on the selling price or do they include rehab mone...