Joseph Quarto
Holding the paper on my property
Hello all,I have a 5 unit property. A good long term tenant has approached us about selling. They are successful business people, young enough to know the value of long term property hold, (especially here in Seattl...
Mike Chubb
Abandon home-taxes owed are more than the property is worth
hello everyone this is a property that I have had on my mind for quite along time can anyone (which I don't think anyone can) tell me if there is any sort of creative idea that works with this kind of problem? What h...
Tony Frasher
Can you tell me why this is or isn't a good deal?
I have a couple of single family rentals, but eventually I would like to get into commercial properties. This will probably be at least a year or two out, as the numbers scare me for the time being, but I would like ...
Matt Cupp
Fair Private Money Terms
Purchase price is $83,400. Rehab is $8,600Total investment is $91,000.ARV is $115,000 - $120,000Would clear $111,000 - $116,000Profit between $20,000 - $25,000Turn time should be 90 days closed. I have 50% and borrowi...
Christoph Krekeler
DM call received. How to win trust of doubtful sellers?
Received two calls back after sending letters to owners of distressed properties. Both were interested in talking about the opportunity but ‘still unsure’ of selling. When I followed up with a call 3 weeks after the i...
Kevin Akers
Should I become a realtor
Hi everyone!I am at a crossroad! I have my real estate license and plan on being a full time realtor. However, I also want to get back into investing and switching to a career that is 100% commission might delay me be...
Rosa Lepore
Looking to flip my first home
If you were to partner with a contractor how would you work the specifics? Would it be a good idea to put up cost of house if contractor throws in all labor costs? Split material expenses and split profit? Just loo...
Ruben Morgan
How to onboard a new agent - Colorado
My wife is a Realtor in Colorado. She's been doing relatively well and she's considering moving brokerages to not have to pay such a high commission split.We have a friend that has his own Real Estate brokerage, but h...
Travis Nance
New member from Santa Rosa, CA
Hello BP nation,
been following the site for a while, and listening to the podcasts. I figured it was time to say hi, and get a little better acquainted with this awesome community.
I'm enjoying the pod...
James Ramsey
First offer
Well I got over my analysis paralysis on my first deal and made a low ball offer of 10K on a 40K property. 3 bed 1 bath. The house is an estate that has not been lived in for 2 years. They came back with 25K. Do I ...