Jake Recz
Submitted offer on a REO. Multiple offers present. Bank is... MIA! What would you do?
I submitted an offer on a REO property recently. The offer was all cash and $1,000 over the banks asking price. I called the bank to verify if the offer was received and found out there are "multiple offers" on the pr...
Scott Simpson
Elderly owner wants to sell, but worried about capital gains hit
This is now the third owner I’ve met who owns a dilapidated rental property (in an expensive market) who was open to selling but ultimately passed on the deal because of the capital gain tax hit. Their rationale was t...
Jerryll Noorden
Question on yellow letters
So I see every one asking what to write on a yellow letter so I won't.Howevr I will ask a question about it coming from the other end.Every guru, swears by it and recommends it, write I want to$ BUY $your house.....M...
Dan Gandee
My "Cash For Keys" Strategy For Dealing With 100's of Stubborn Tenants/Squatters/Fam
I'm not the first to talk about this strategy and won't be the last so feel free to chime in here. Over the past decade of deploying a very successful BRRR model across the Pacific Northwest, I've been able to perfect...
Julio Gonzalez
Cost Segregation FAQ
Engineered cost segregation studies is an area in which many people have a lot of questions about. I thought it might be helpful to address some of the most frequently asked questions that I receive.
WHAT IS A COST ...
Kelly McClellan
Rejected by a turnkey operation - Ohio Cash Flow
Has anyone else had a horrible experience with Ohio Cash Flow? Boy I did!After completing an online form and following up with all of the questions and correspondence that was sent my way (including sending my proof ...
Justin Turner
Seller backs out 10mins before closing.
I have a subject to deal. I was at the attorney's office to close and he calls me and says his brother is going to buy it for 25k
After I've been working on this for months now. What can I do?
Marquest Page
Short Sale Flip Via Wholesale
Hey BP! Well I just closed on my second deal and figured I would ramble about it here and hopefully have others enjoy the read. Just to give a background story. I am a NEWBIE INVESTOR in the Orlando, FL market, just ...
James Morrissey
Tenant Screen Advice
Hey fellow BPers, what is your approach to screening tenants? What are the most important aspects to a tenant's application to you? Attached I have a tenant screening document I wrote out based on episode 6 of Real Es...
Tamara Deering
Advice from a Lender on Refinancing your BRRR Property
Hello,Don't shoot the messenger!!! I want to share some feedback I just received from a major lender regarding a cash out refi of a hard money loan. In my day job working for a hard money lender, we issued a loan on...