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Hi everyone,Hopefully will be bidding on my first auction property this weekend (homesearch.com). I have read up ALOT about these deals. There are a lot of horror stories however usually there is at least someone in e...
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When estimating operating expenses using the 50% rule, do you include property taxes and insurance as part of the 50%? Or do you consider that part of the mortgage payment?50% seems kind of high to me without the taxe...
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I just got through a bunch of Joe McCall's material on wholesaling lease options (he is one of the least shady/sales-y real estate "gurus" I've heard and has a solid ethical reputation according to my research...Anywa...
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How do you guys go about paying an individual for work performed? For example I know Joe Nobody that does plumbing work, and he does a great job. Can I offer him a side job, if so how do I pay him and account for it...
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I hold the note. Borrower cant refi cause of credit. What are options to renew, foreclose or deed in lieu of foreclosure, etc?
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Hi All, I'm new to BP. I've lived in SoCal my entire life, and don't plan on changing it. My wife and I are aggressive investors by nature, and we want to take it to the next level. We have some nice assets that I ...
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I have found a 5 trailer mobile home park in Georgia. Its an hour from where I live. Seller is asking for $199,900. She will not seller finance or owner finance. She told me she is selling because she just bought apar...
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I'm getting my real estate license in Michigan this year. My question is what should be my main focus in the first 6 months? And for seasoned agents, what was the biggest mistake in the first 6 months of your career?
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Currently in the process of getting financing. Going to be a owner occupancy conventional, so only need 5%, I’m on board!Lender tells me they can’t use rental income because I don’t have 2 years rental history...Now m...
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Has anyone else noticed an increase in properties that were previously used as an STR for sale? (often times with the furniture included)Normally I'd default to inflation and subsequent market uncertainty. And that ma...