Paul Amegatcher
This is how I buy zombie foreclosure properties.
Please contact a real estate attorney before purchasing a zombie foreclosure. This is a complex strategy that requires the right expertise.What is a zombie foreclosure?I would define it as a property that has been ab...
William Robison
My 5 Intuitions Surrounding Investing in 2020
With a professional career in real estate investment and management in the small investor space, I have had the privilege to witness many pivots to the industry. I have seen economic busts and impacts. I currently m...
Carl Randal
When the "Math" makes the offer too low...
(ARV x 65%) - Repair Costs = Maximum Allowable Offer. What do you do if the math makes the MAO so ridiculously low that the previously "motivated" seller becomes not so motivated? Example: ARV $162,000 X 65% = $105,...
Dakotah P.
Will getting small auto loan disqualify me for new mortgage soon?
I have a dilemma: I have a 15 year old BMW that now costs more in upcoming maintenance than the car is worth so it's time to get rid of it. I plan on getting a modest, 3+ year old used vehicle from around $12,000 or ...
George Germanos
Starting At 16 Years Old
Hello,My name is George and I'm 16. I have been putting a lot of emphasis on my future and have formulated a plan as to what I am intending to do. As of right now my plan is to have multiple streams of income coming i...
Lenzy Ruffin
Must a single family home be brought up to electrical code to be a rental?
Just getting started with wholesaling. I inspected a lead I got from direct mail the other day and I'm wondering if I went way too low on my offer because I overestimated the rehab cost substantially.The owner was an ...
Alfred Bell
Advice on how to 1031 from one to many?
I exchanged 3 SFR rentals into part ownership in a luxury apartment. I've decided to exchange out of that back into SFR rentals again. (Long story, but just so you have the necessary data... my general plan is to acqu...
Glenn Espinosa
Money.com: Amateurs flooding the market
Here's an interesting article I read this morning that pretty much reiterates everything we've been talking about here on BP the past 6 months:
http://money.cnn.com/2013/05/20/real_estate/amateur-investors/index.html...
Joseph Vu
what to do with 100% equity in a rental property
Hey all, I currently have a rental property that is currently paid off, with about 650k worth of equity. I hate to have all of this equity just sit here doing nothing, so what kind of strategies would you guys take to...
Tony Cimino
What advice do you have for a newbie other than “be patient”?
My wife and I are in the process of acquiring our first single family rental. We selected an agent that has his own rentals so he understands our mind set. He also understands the rental and sales markets, and is ev...