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15 May 2024 | 9 replies
If I was in financial distress and losing my home through foreclosure or tax delinquency, I would not want to deal with an enthusiastic newcomer trying to make money on my misfortune.
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15 May 2024 | 8 replies
Hope everyone is having a good day.
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14 May 2024 | 7 replies
There were more times than I can count when there was a crisis where I was pretty much at risk of losing most if not all of my investment.
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14 May 2024 | 2 replies
There are some extended form policies that might cover a future forged deed, but they cost extra and since title fraud (not theft since you can't lose title based on a forged deed) is uncommon, they're not issued frequently.
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15 May 2024 | 4 replies
I have done well here at BP so far with meeting people to aid me in my Real Estate ventures and hope this will be a success as well.
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15 May 2024 | 23 replies
Even if you're not making much profit at the start because you're investing in a better area, it should work out fine.If you're losing $100-200 per month but have a stable job, you should be okay.Most people get rich with real estate through property value appreciation rather than cashflow.If you're comfortable living with roommates, you can purchase a house in a good area you like and rent out spare rooms.
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15 May 2024 | 11 replies
When purchasing a BRRRR property, it's super likely that at least some of the neighboring homes will be in less-than-ideal condition so you want to give it time for those models to go under some rehab hopefully and appreciate which will help your appraised value at the end of the seasoning period so you can maximize your cash-out.If you have any additional questions - feel free to reach out!
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15 May 2024 | 11 replies
Hoping to meet other investors to learn and share ideas with.
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13 May 2024 | 2 replies
Commercial insurance might go down but you'll lose the income from the lease so I'd imagine you'll end net negative.