Mikey Cas
Foreclosure Surplus funds?
Hi everyone, I recently heard about a method some investors are using. It involves attending foreclosure auctions and identifying any properties that sell for a surplus over the mortgage, lien and junior liens. This a...
Will Barnard
Take the Tax Hit or 1031?
I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).
So the ques...
Lydia Bar
Turnkey vs Syndication
Hi everyone. I am new to real estate investing and I have been reading books and following the bigger pockets posts. I am looking to do my 1st real estate investment. Currently live in New Jersey so I will be doi...
Ron Brady
Black couple’s home appraises for $500K more when white pal poses as owner
https://nypost.com/2023/03/08/...
Black family sued appraiser in Marin, CA matter. From the article, "The case has now been settled out of court, with appraiser agreeing to pay an undisclosed sum of money to the coup...
Sam Erickson
Successful Sheriffs Sale (Was the only guy there!)
I successfully won the auction for a property that went to Sheriffs Sale in Racine County. The outstanding balance was $116,900, however the open bid was $124,167. This caught me a little by surprise. I had watched...
Masud Khan
Out of State for 1st Deal- Alabama or Ohio?
I’m evaluating my first deal and staying local (Washington DC) means high prices and low rents. I would tie up most most of my initial investment cash in a property that barely generates cash flow from what I see her...
Andrew S.
Live in rehab house hack story
Hello BP community, I would like to share my story about my first investment property. It's a longer post than The strategy I chose is a live-in rehab house hack duplex. My journey into real estate investing has been ...
Elliot Landes
Using debt to purchase into RE syndication?
I'm considering buying in to a syndication with some cash on hand. BUT! I have plenty of avenues to use leverage to increase my syndication buying power (HELOC, Pledged Asset LOC, 401k loan). Everyone talks about usin...
Johnny Haygood
Rent to Retirement my experience
I wanted to share my experience with Rent to Retirement.
I bought my first turnkey in Indiana around October of 2022. It was rented out in January 2023. It was $50 less than expected but not a big deal.
I bought 2 m...
Nick Jacaruso
AirBnB????
Hello fellow BPs! As a new member this is my very first post on the forums; with many more to come I hope, I'd like to say hello!With all that I have been learning about multi-family rentals, I came across AirBnB and ...