All Forum Posts by: Brad T.

Thanks @David Stanfield I didn't know we could try it free online. I will check that out and then probably buy the board game. Thanks for the help everyone!

Thanks Brandon Turner. I hope that my wife and friends will actually play the game with me too!

Jay Wright

Hi Jay,
I have been to the Michigan Real Estate Investors and REIA of Oakland clubs and I preferred MREI and just joined last week. Hope to see you there!

Brad

Thanks for the replies everyone. Sounds like I should buy this game and try it out!

Yes I looked at eBay and it was selling for $50-$60. Is the game any good though?

Anyone on BP have the Robert Kiyosaki Cashflow 101 game? I thought it might be a good way to get my wife more interested in real estate and learn how powerful passive income is. Is it worth the $75 investment?

REOs are definitely not the driving force right now. There is a lack of inventory of foreclosures and normal sales right now.

I had my real estate agent pull some comps for me and she came up with a value of $150K-$160K. She told me that split level comps were a bit tough to find in our area. I sent her study to the mortgage company, so hopefully this helps!

Hi Everyone,
I am currently working on a cash out refinance, so that I can buy more rental houses. The appraisal came in at $90K when I was expecting at least $120K-$130K. After looking at the appraisal, out of 6 comps it had 2 foreclosures and a short sale that needed repairs. Is this legitimate? I have disputed the appraisal and have my real estate agent running comps. Please let me know your thoughts. The foreclosure inventory is way down in my area, so this doesn't make sense to me.

Thanks for the help and I love this site for this type of help!
Brad

Thanks again David and George. I looked at the house construction today and it is definitely a modular. It looks like a very solid house, so we are going to move forward with it!

Thanks David, they have it assessed as modular. I will use these tips when inspecting it tomorrow and let you know!