Account Closed
Contractor Bid Review - BRRRR in Winston-Salem, NC
I am in the process of working through a BRRRR I have in a C Winston-Salem neighborhood and have a few bids from GCs in the area. Here are details on the project:2 bedroom, 1 bathroom 1,000 sqft distressed single fami...
Paul Bush
Sub 2 hang-up
Hello! I have a sub 2 deal under contract at $181K and a retail buyer who wants to pay $220K to buy the deal from me, meaning he's going to pay me $39K cash to get the deal.
The problem is that he's nervous...
Joel Owens
Why investing in real estate is SO important !
I learned today an extended family member on my wife's side lost their job. This was at a major retailer company as a manager. He was on time, never called in sick, and did a great job. Was there over 11 years as a fa...
Fred Shandler
First REIA Experience: A big two thumbs down
After two months of religiously studying this board and reading numerous books, last night I finally attended my first REIA. I felt extremely prepared as I had a sold foundation of knowledge (much to the thanks of ma...
Michael Smythies
How to get around DTI limitations?
Hi BP, I get this question over and over again from new real estate investors that are just starting out - how do I get around DTI limitations? In order to buy more real estate by means of conventional lending, you ha...
Bryan Ghorbani
Paint and Appliances Indianapolis
Hello BP Community,I've been wanting to get into real estate buy and hold investing for cash flow since I was in college. 1 year ago today I decided I would finally do something about it (33 years old now). I spent al...
Ravi Rai
First time showing a property for rent as a landlord
So I bought a two family 5 bed apartment located in a student rental area (paid $128,00 currently rented for $1800 a month). The apartment was already rented until the school year (May 2013). The current tenants have...
Art Maydan
Closing Cost Questions
I’m looking at my closing disclosure and the underwriting fee is $995 while fees going to the title company are $3,008 and it’s under “Services Borrower Did Shop For”. I was told by the seller which title company we’r...
Mitchell Krotz
Looking for best use extra lot on single family House
Hello All,I have been involved with real estate for about 1.5 yrs. I bought a house which I am currently “BRRR-ING” Trying to finish the work up on it by March. The house came with two separate lots, one with the...
Stephen Roy
Question multi-family
Hello guys,I'm visiting a few multi-family lately and at the end of a visit i always a feeling that i miss a subject i miss a question to ask to the Agent.What are the Overall question you guys ask to the agent?Thank ...