Account Closed
My First Property Flip 16 months later
I just completed my first flip in Queens New York. It took me 16 months from the minute i close as a buyer to the minute i had close as a seller. Here are the numbers.Purchase Price- $330KClosing Cost as buyer-$1KReno...
Lisa Henrich
Property Manager for Rentals?
I'm currently using a property manager for my two rentals. However, I have colleagues/friends who do not use them stating, "they like to keep their money." My feeling is that I don't know all of the ins and outs and...
Christopher Labonte
The story of my first foray into real estate
Good Morning everyone!I'm a huge fan of networking, BP, and comradery so I thought I might be able to help someone by posting my journey thus far. In my new member intro I went into my backstory and goals a little bit...
Victor Mondragon
Is it possible to Cash Out Refinance without closing costs?
I live in Texas and am working on using the equity in my home to get a loan and construct a garage apartment to rent out and try my hand at land-lording. I understand that most banks like to use this formula: (Value ...
Stephen Stokes
Buyers’ Strike? Mortgage Applications Drop Deep into 2019 Range
This data is a warning signal and yes, Austin will not be immune. I also got an email from my Yellow Letter marketing provider today titled "a forbearance tsunami coming". Caveat emptor my friendshttps://wolfstreet.co...
Cheryl C.
Predictions on the next RE "Cycle"?
Having been around since the very early 80's, I've seen a few real estate cycles. I'll freely admit that I did not foresee the extent of the recent collapse. I saw a decline/correction coming, beginning in 2003 - wh...
Tim Silvers
LEASE OPTIONS & NEGATIVE EQUITY
Has anyone done a L/O on underwater property?
How does this sound:
If lessee/buyer/tenant exercises option, make the sale contingent on bank approval of short sale. If the s...
Lee S.
LLC online formation recomendations
Hello All, Can anyone recommend a good inexpensive company/site to form an LLC in California? Thanks.
Randy Holdaway
Getting into Real Estate Investing in Canada
I live in Ontario where the market right now is a little crazy is some places. I have been doing a lot of research on real estate investing. The next step is trying to learn the ins and outs a little more as most of t...
Kenneth Cheston
First Time Rental Property Investor - Baltimore Rowhouse
Happy Holidays!I'm looking to get my foot into the game by purchasing a "turn-key" townhouse in the affluent areas of Baltimore. Here are some of the key factors. Looking for feedback especially if you are a Baltimore...