Dave Hurt
How a wholesaler just lost me as a buyer
Hi folks,Thought I'd share an experience I just had...especially for newer wholesalers out there trying to get started. I found a FSBO on Craigslist that turned out to be a wholesaler. Reached out to him about the p...
Michael Hartman
Advice/Need guidance
Okay BP...
Just talked to my first seller today. He owns a vacant property that needs a ton of work. After speaking with him he definitely seems eager to get rid of the property, he owes 3 years of back taxes on the...
Raquel Nolen
Anyone else having a big decline in deals?
Hey everyone, thanks for taking the time to read this.
i've been in wholesale in texas for a few years, my team of 7 has been averaging 25 deals a month for years. for the past 6 months or so we have been seeing an ...
Carmen Chow
Do you ask for credit/background check for...?
Hoping to get some advice on fellow BP members.I’m planning to rent out a unit for a family of 4. Mom, 2 sons of working age and a 17 yo daughter in school. The combined monthly income for the mom and the 2 sons are a...
Aliz Raksi
Analyzing a deal in Cincinnati, OH
Hello, I'm looking to buy a multifamily property in Cincinnati, and wanted to run these numbers by the community to see if the numbers seem to be in the range of what you'd expect for the area. What do you think?This ...
Steven Norton
Mechanic's Lien of Flip Property
Hi Everyone!I've never actually introduced myself on BP, so I feel I need to do so before I start posting questions :) My name is Steven Norton, and I am a structural engineer and real estate investor in the greater D...
Jeyo Punnakottil
Busines with wholesaler-demands ernest money 5k in his LLC name
Will you do business with a wholesaler who wants 5k Ernest money check in her LLC name to lock up the deal.Never done business before with this wholesaler but the deal she brought is a sold flip with 30-35k profit
S...
JD Martin
Minneapolis & St. Paul pass rent-control measures
From today's Wall Street Journal:https://www.wsj.com/articles/m...This might be a boon for existing residents but everyone coming down the pike is going to have a lot of pain. Some units will just disappear from the m...
Dakota Harmon
Are there specific clauses in a property management agreement to be mindful of?
Here are some topics in an agreement that have my concern:
- Waive the requirement for approval from owner for any repairs or maintenance of any one item under a specified amount (one company is asking for $600…). Th...
Alexander Ryan-Bailey
Air Bnb Rental Arbitrage
Investment Info:
Single-family residence other investment.
Purchase price: $1,000
Cash invested: $1,000
Airbnb - Rental Arbitrage. Working on growing this. This one is a partnership with home owner....