About four years ago I got a 4-unit property with a FHA 203K loan, I was 26. The goal was to fix it up, live in it and rent the other 3 units out to cover the entire mortgage and have a a slight profit. I was gettin...
This is going to be long, hope it makes sense. 9.5 years ago 6 investors got together and purchased a 42 door condo complex. 3m cash was put it and a 3m loan was taken out. Rents have paid down the loan and it will be...
Hey everyone,Last year, I started looking at multifamily property in Oakland to house hack so I could live cheaply / free while building equity. While the cash flow and numbers can work with the right property, I thin...
Interesting read about Denver company Trelora, trying to take down the commission structure in Real Estate. Seems like agents are up in arms over this. Article below.
http://www.denverpost.com/business/ci_244...
Courtesy of http://thehousingbubbleblog.com/ Enjoy!The Asian Journal on California. “Two different clients both landlords because they both own rental properties came to see me last week with different problems. My fi...
Here is a link to the lawsuit article:https://bostonagentmagazine.com/2020/05/29/lawsuit-challenges-statewide-eviction-foreclosure-moratorium/ Thank God.
The blanket moratorium without care and detail leaves landlor...
Just wondering, does anyone on BP make money from RE, but actually acknowledge the simple points outlined in this site:https://www.caare.org/The site clearly and concisely absolutely exposes all of the worst things ab...
My family and I purchased a house in 2010 in Arkansas and put the original mortgage and title in my name solely. We decided to start renting it out, and all agreed to transfer the title to an LLC. The LLC was supposed...
I know that the consensus is that "due on sale" is almost never triggered in the real world.
However if someone locked in at a historically low interest rate today and then deeded the property to an LLC (or some oth...
Hello everyone! NEVER BECOME MEMBERS of KEYSPIRE PROGRAM. Please read to the end, God knows this is the truth. Don’t Trust KEYSPIRE like I did!!!I want to share my experience with Canadian company Keyspire. In the mid...