Skye Bowen
Wholesaling with Tough Agent
I have a lead from someone in my REI club...it's a pretty sweet deal I think (I'm new!), owners are out of state, it's been on the market for well over a year. Problem is that the RE agent is feisty. I guess that's wh...
David Smith
How to determine how much to pay for a short sale?
Let's say I find a great traditional shortsale where the asking price is $250,000. Can I go below that asking price and still get the deal accepted by the bank? If so, what research can I do that might help me deter...
Laurie Falk
Offering low on a property that's been listed for a while
I'm looking to find my first investment property in the Richmond, VA area but kind of at a loss on where to start. I've heard a lot of podcasts and read a lot about sending out post cards and going to the courts to fi...
Shamus Quirk
How Big Are Your Pockets?
Mine aren't that big and I'm still trying to repair my credit, but I have my real estate license, some experience with construction and a small amount of cash saved so I'm looking to break into the investment world. ...
Account Closed
First Fix and Flip Success!
Just wanted to share my success story so hopefully others can be encouraged! I decided in January that I was going to form an LLC and start flipping full time. I’ve done a couple of live and flips prior to this but th...
Account Closed
What would you do with $50,000 for 8-12 weeks?
I have just refinanced a property that I bought and renovated this year, and, after paying off the rehab debt, I have about $50,000 cash sitting in my bank account from the mortgage money that just came through today....
Mark Redmann
Wholesale MLS property
Hey BP! I hope everyone had a great weekend. Here is the situation. I was contacted by a seller from my direct mail campaign. He has a house listed at 69.9K since March. He also has 4 other properties that he's willin...
Aref Shehadeh
Many ( and I mean many) pets in recent multi purchase. What to do?
Recently closed on a 4-unit multi income property. One of the tenants currently has the following pets in their 1k sq.ft unit.18 kittens/cats4 dogs (small size)4 iguanas6 birds3 rabbits2 hedgehogsand a partridge in a ...
Shawn M.
Tenant worried that peeling paint might have lead
I just took over managing a property and gave my tenant a new lease to sign and a lead paint disclosure. She replied " you mean my peeling paint has lead in it". I said that I have no knowledge of it does or not I am ...
Brad T.
Please Help Analyze This 12 Unit Apartment Purchase
Hello Everyone, I have just placed an offer on a 12 unit (3 fourplexes). Can you please give me your thoughts on the deal. The numbers seem to be good to me. Any advice would be appreciated.Offer price $800KOwner ...