I have not wholesaled a house and finding one that would make a acceptable deal, for a buyer, is very difficult in our area. I have done two fix and flips and they are a lot of work and a fair amount of risk as well....
I have a very nice urban property up for rent. The clients that often apply to my city homes have POOR credit.. so I NEVER judge an applicant based on their credit score, I have removed that judgement from my process....
I've been running the numbers and although real estate has been very attractive to me with leverage (I own 3 properties), running the numbers even with leverage real estate is not as attractive in the long run, becaus...
Hello Everyone!
I'm trying to convince my finance/MBA friend why REI is a better business decision than investing in the stock market and I'm not sure he's convinced. What is the best article on BP you've re...
I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
Hey Everyone,There has been some good discussion about Gastonia lately, particularly in this thread started by @Johnny Szeto. While there has been some excellent discussion and some anecdotal evidence shared by @Ty...
One funny thing about people is that while we are almost always well intentioned, we seem to do a lot of things that are just plain crazy. I, for example, still prefer to eat my oranges by dissecting each into their i...
For those of you who don't know me, I have been investing in real estate since 1999 and I have acquired about 3,000 apartment units (and houses) and I still own 1,000 apartment units today.I also own 45 houses and sev...
I don't know who needs to read this, but I feel it needs to be posted, publicly.
Recently the following happened:
- BP Member posts negative statement about syndicator to these forums, involving lost money, poor co...
It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the opti...