My father and I bought a home in 1996 joint tenancy right of survival mortgage. We both lived in the home as well as my wife. My wife moved out less than a year later and we divorced in 1997. My father died in 199...
This question lingers in my mind and I'd love to hear from investors/ landlords who survived the 08/09 market downturn. I invest in my backyard and it hasn't taken as big a hit as other coastal cities did. But I've he...
Hello BP Community,I am an aspiring investor currently living in the high priced SF bay area of California. Currently I am still in an investigative stage of investing. Ive been focusing my search primarily in Sacr...
It seems like all of us are struggling to some degree. Here are some guide posts to survive and thrive in hard times. What more can you think of?--Run a Light & Tight Ship
“Perfection is not attainable. But if ...
sense it seems like I will be focusing on small cities and towns, I thought it may be a good idea to get an idea of how well a community could survive another financial upset. I am thinking that two prime indicators w...
I've recently taken the in-class portion of the requirements to become a Real Estate Broker here in Illinois; I was literally in class the week the World quarantined. I've been writing and re-writing my strategy for o...
A little background: September 2019, while driving for dollars I noticed a run down house with papers on the windows, obviously headed to foreclosure. During my research and after hiring an attorney to do a title sea...
Hello BP Friends,I have 2 properties under review. Both have a small 14k and 7k loan in 2nd positions from govt agencies. I would like to know if they will survive through a trustee sale?One has a 2nd position lien (b...
Are you prepared to do what it takes to SURVIVE this business?Are you REALLY prepared to make those tough calls?Can you push emotion to the side for the betterment of your business?Are you willing to do EVERYTHING in ...
It appears that the 2 out of 5 year rule excluding gain on sale of primary residence will remain intact. Some of you may have heard that initially the plan was to change the rule to where the taxpayer had to own and u...