Alexander Ball
whats the catch?
I'm going on tuesday to check out a 5 bedroom rental property that is a short sale and listed at 85k. However, the description says the house is valued at 185k. How could this be? How could a house be listed at 100...
Charles Shils
Buyer agent commission
I listed on MLS through entry only
Buyer came in with agent
Buyer had no written contract with agent
Agent submitted formal offer to purchase
I refused---It was too low
Buyer came in with other agent and submitted a h...
Jason Howell
Commercial Analysis: Determining value
Note: I'm self educating on Commercial Real Estate deal analysis, so pardon the elementary question(s) (I'm sure there will be more!) But I want to be sure I'm understanding even the basics of this correctly. I'm usin...
Janet Hansen
First time wholesaling
How do I start wholesaling using OPM with no money coming out of my own pocket?
Vince Greenland
Help with due dilegence period for multi family complex
We just agreed on a price for a 96 unit class C complex. The complex is currently managed poorly with out of town owners and "suspect" management and maintenance personnel.
First, we own and manage 90 units ...
Chris Mouzon
Possible Deal in VA... need advice
BP community - My friend approached me about a property that he purchased almost 6 years ago in Richmond VA. He went in on a deal with his brother to fix & flip this property, but for whatever reason, plans fell t...
Konstantin Podyachev
Initial rehab estimate
Hello guys. The newbie question here!
I’m currently looking to buy my first fix and flip property and had a question about initial estimate repairs cost. I’ve heard it’s the best to have the same scope of work passed...
Bryan Satter
Out of state investing
Hello BP! Thanks in advance for your feedback!I am working with a quasi turn key company to purchase my first out of state property. The numbers are good in all respects and I am fairly comfortable with the deal. It c...
Michael Temple
Toledo, OH Property Analysis
View reportHere is a different deal that popped up this morning. So using some advice from my last analysis and comments I got back I increased my expenses for vacancy and lowered my assumptions about income growth to...
Shawn Rana
Repair or Replace? (furnace)
Hi everyone,
I created an account on here about two years ago, forgot about it, then started meandering around the forums again a week or so ago since I bought my first property.
Anyways, I recently bought an REO co...