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18 July 2019 | 9 replies
About a month ago, I read an article that compared the ROI of stocks vs REI and that is when I remembered my childhood goal of owning real estate.I came across a few websites about how doctors use their extra income to invest in real estate and I found that to be very interesting.
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1 July 2019 | 4 replies
So i drove past my childhood home yesterday, that i was devastated when my father sold it after a divorce because it was beautiful and had a lot of sentimental value to me. i always said i would buy it back one day, and yesterday when driving past i realized that the grass was about 2 feet high. so i walk up to the front door and there's a sign saying no trespassing and that they were evicted august of 2018. i looked online to see if this was foreclosed on, but can't find any information. after peaking inside i saw a lot of random stuff just laying around throughout the house, it was a mess, looks like it was ransacked.This may be a great opportunity to buy it at much less than it's worth. my question is, can anyone give me some advice to find out who the bank is that owns it , or possibly getting in touch with the previous owners?
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10 July 2019 | 5 replies
If some major issue comes up like a fire, medical emergency, or some other incident at the property i would let my childhood friend take over the damage control by giving him some limited level power of attorney.Im not sure if there are certain limitations I can put on my friends power of attorney but as mentioned before it’s something iv considered doing.
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17 July 2019 | 42 replies
For me, (brace yourself for sob story) I spent my whole childhood maintaining my father's rental properties and have vivid memories as a 7 year old and up of painting, sanding, mowing, laying carpet, and sitting in the courthouse lobby while my Dad went in to deal with evictions only to get a judgment for $25 a month.
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29 June 2011 | 28 replies
I ended up purchasing my childhood home that was a REO.
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17 July 2011 | 0 replies
(Mainly land, with several homes thrown into the mix)They taught me how to make money, but throughout my childhood there was always stress and uncertainty....
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9 March 2009 | 14 replies
As I sit here working, I'm watching one of my favorite movies from my childhood, Iron Eagle.
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17 December 2010 | 96 replies
On the list was Real Estate and all of a sudden my childhood memories flashed before my eyes, and I knew this is what I would want to do as a career (mostly on the commercial side).In all honesty, I am motivated by money (and I mean lots of them).
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15 February 2011 | 17 replies
It is just words being tossed around, but my childhood neighbor just put a for sale by owner sign up, and he would most likely do some flexible negotiating with me.
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12 September 2011 | 17 replies
For those of who haven't read my other post, it is here-http://www.biggerpockets.com/forums/12/topics/60255-how-does-it-work-when-the-seller-financines-a-portion-To summarize what I talked about in that other post, my childhood nextdoor neighbor threw up a FSBO sign last weekend.