John J.
Tenant Comitted Suicide
10 January 2009 | 21 replies
What does an average gun-shot suicide cleanup cost?
Steve B.
Hello Real Estate Investors of the “Emotional” Market!
8 September 2007 | 0 replies
Obviously, you can’t go into town with your “guns a blazing” anymore, but you don’t have to run and hide like a scared rabbit either.
N/A N/A
First Purchase: A distressed REO???
2 October 2007 | 8 replies
You are not under the gun, so you have that working for you, but a lot of projects have ended up sitting for years if not forever because of a lack of money.
Joshua Dorkin
Welcome NEW MEMBERS Contest - Ends 10-12-07
9 December 2007 | 35 replies
For being the most enthusiastic greeter to new members on BiggerPockets over the past week, you have won the "grand prize" for this little contest, and will get a BiggerPockets Hooded Sweatshirt.I'll announce the 2 other winners tomorrow.Thanks to everyone who participated.
Chung Sun
Anyone do any other types of business here?
3 June 2009 | 34 replies
I bought the gun years back and the setup and did my own.
Account Closed
200, yes finally made 200!!!
1 April 2008 | 52 replies
They are committed and enthusiastic.
Andy Parsons
national MLS?
12 November 2007 | 14 replies
At the same time, there are several companies out there gunning to create a National MLS - while the NAR currently has a monopoly on their MLS, there are rumblings that others want in.
Joshua Dorkin
Landlord Horror Stories
31 May 2008 | 33 replies
A couple of days later, he shot her car with a pellet gun.
Andrew Cobb
How do I convince my wife?
17 April 2008 | 41 replies
He thought I was being overly enthusiastic yet again and viewing the projected profits through rose-colored glasses.I just kept talking, kept running the numbers for him and showed him every scenerio I could think of-- best case, worst case, in-between case.
Gary Dayton
your thoughts on this REO please?
12 January 2008 | 7 replies
My father can do or coordinate all the repairs himself.There is an HOA fee of $64/Mo for a pool and clubhouse.I'm looking at 68% * $249,900 (low end FMV) - $10,000 repairs = $159,93270% * $249,900 (low end FMV) - $10,000 repairs = $164,930Although my agent might think it is too low (she tried to get me to go in w/ $180K but I stuck to my guns :protest: ) , I'm going with everyone's advice on here.I am starting my offer at $156,475 and will work up to $165,000 max.My realtor is having me get a Pre Approval for $157,000 (already have one for $200,000) and a $2000 Good Faith check to strengthen the offer.Using Wheatie's spreadsheet he used for another person ( I hope that is ok :lol: ), I came up with this:2 year Rehab worst case$165,000 Purchase Price $3300 2.00% Purchase Closing costs $19,200 5.75% Interest $4,200 Holding costs (24 Months of mortgage principal payments, right?)