
4 February 2014 | 28 replies
I get the idea of cash on cash returns, but if someone told you that you would see 1% in price gains over 20 years (in other words, a 20% gain), you'd have to ask yourself if that acceptably beats inflation and the cost of the interest on the mortgage, and I bet you'd decline to purchase if you had that crystal ball.

14 January 2014 | 4 replies
The neighborhood is not the best, but there are far worse.Your best bet (Which you are already doing) is to continue talking to locals in that area, maybe other BP'ers or at investor meet ups etc..When I bought my property last year there are several others in the surrounding area within the same price point, now I am having a hard time finding the sweet spot of cost to value ratio.

16 January 2014 | 10 replies
This does not diminish the asset protection value.But a C-corp may not be your best bet.

15 January 2014 | 1 reply
I'm not saying there is no value in courses you might pay for but if you devote the same amount of time that you would spend in studying these courses to being involved in BP, I would bet you would gain a similar amount of knowledge.

3 December 2014 | 20 replies
Documents need to be under the concept of dual control or limited access in verifying aspects, you keep the borrower out of the physical control of documents to eliminate or reduce fraud or misinformation. :)

23 January 2014 | 14 replies
Try to find something off market, or look for even more days on MLS. 100+ days is a pretty good bet there's not a ton of activity on it.

22 January 2014 | 36 replies
Title is your ownership.The deed is the physical proof of that ownership.

3 February 2014 | 26 replies
Multis I still have a stiff learning curve on but I bet it's true there too.

31 January 2014 | 28 replies
I have a situation developing that I need advice on.Single family home, lease is expiring, tenant is scheduled to move out end of this month.I didn't even advertise online, just put a for rent sign in the yard last week and already have 5 people called me expressing interest to rent.I called tenant and spoke to him to schedule a move out inspection, where he would also surrender his keys, I will need his new physical address, and I reminded him about turning off water, electric, cable TV etc...He said no problem, BUT...the fireworks and his boat will need another week or two.He has parked a sailboat on the property.

30 January 2014 | 9 replies
I think my best bet might be to have a buddy who's been through it all check it out.