I am pretty new here but wanted to get an idea of how safe my margins should be I come across quite a few properties that can make money but unsure if I should pursue because I was told you want at least an 80k spread...
A twist to the old LLC vs. Trust question. I have four properties, all set up in separate LLCs. I recently created a Revocable Trust for my family to hold all of our assets and avoid probate along with protecting m...
I have read a few topics here that people are using bank REO's from Realtor's to wholesale the properties.
My question is: How do you deal with the customer doing a comp search that shows the property is listed wi...
Hi there,I'm doing a research paper regarding bulk REO's. I have two hypothetical question for bulk REO gurus here in this forum. Suppose I had $2M cash available to buy a bulk REO tape back in 2008, 1. how many h...
Hey bigger pockets community, Next year my investment team and I are looking for our first deal in Buffalo, NY... Any tips or pointers you guys have??? We've been reading beginners guide books, but tips and pointers a...
What's the difference between AVM and Market Value?
I've been watching a HUD home that's up for auction at a shade over $90K. It was originally listed on March 16 with a near-term projected closing date for the listing. To my knowledge, nobody put a bid in on the house...
Hi,What are some of pitfalls or need to know potential dangers of Wholesaling? Once you successfully acquire a contract on a residential property below market value that would be enticing for investors (flippers or la...
Hi Team,I'm working with a Real Estate agent that found a Foreclosure for a fix n flip deal. He gave me the numbers below and I'm not sure I understand the Commission piece. Does this look shady? The "Mortgage" sectio...
I'm about to get out of the service and I'm trying to buy a true four-plex. What's the best way to go about it before it gets taken off the market?