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So this morning I get a text from a wholesaler about a property. He is asking $50,500 and I Google the address and surprise surprise, the house is listed on MLS for $45,900. It has been active for about 30 days.It's l...
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A person owns a home in Washington, DC and has a mortgage on it. They relocate to Massachusetts. One month later, they refinance the DC home and get a new mortgage, claiming the DC property is still their primary re...
I've been on BP for a little under a week now, I love this site it's so informative. My question to you guys though is "Do you believe Detroit is making a turn around for the better & Will the change be noticed...
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One stated benefit of investing in real estate is price appreciation. However, if you look at inflation adjusted real estate prices for the most part there isn't much appreciation. There are specific points in time ...
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Hello everyone! I currently manage 3 Airbnb properties and was searching for purchasing my own Airbnb property. Because I am not financially prepared to purchasing property, It was suggested that instead of purchasing...
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On December 2, I closed on a 7 unit apartment building. When I made the offer, I saw a lot of things, but the two most common were disaster and potential. Due to the size of the place, the insane income numbers, and t...
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Fannie Mae and Freddie Mac are searching for methods to open homeownership to low income borrowers. (This is not for investors) There is a trend to use attorney opinion letters rather than title insurance. The title i...
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When inquiring about a property on craigslist, I spoke with someone from New Western Acquisitions. He wants to meet tomorrow..........Can anyone give me your thoughts if you have experience with them? what do they do?...
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So brief background. I started investing in the USA around 08. Ended up in Memphis and with the help of a great mentor really got going in that city. It quickly became obvious that many parts of Memphis were terrib...
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I’m 20, and I just dropped out of college to pursue RE full time. It’s not that I was bad at school- I had a 3.1 GPA heading into my junior year, but I just decided that since I have clarity on what I want in life, th...