I recently sent an email to another investor explaining the off the cuff tenant rating system residential real estate investors tend to use. I wanted to double check my definitions based on your experience, and thus I...
If you see a property owner who is in trouble, and let's say his loan is for $200,000, and the ARV is $180,000. And you want to offer him $117,000. How does this work? Will the deal have to go through a Short Sale spe...
Ive been reading a-lot about lending and how to get approved for the loan you want, I recently came across a section about how creating a LLC will turn residential lenders away from you. I was planning to create a LLC...
An interesting case rose in the state of California this year regarding a bankruptcy lawyer who utilized DocuSign for many official legal documents. Paul Bains, the lawyer who leveraged DocuSign for bankruptcy petiti...
Just got my first offer accepted on a fix and flip. It will mostly be cosmetic work no major renovations. Any tips or info anyone can pass along for my first one? Closing in about three weeks paying cash. Doing all t...
Saw this article saying the new bedford and fall river markets are among the lowest ranked according to these standards. I would like to see others opinions on this. i am(have been) looking into these markets for 3+ u...
Hi Everyone,I am hoping that there is someone with experience who can help me out. I currently have one rental property (in the middle of buying my second right now), and have some questions about bookkeeping. My ques...
Hello BP Community,I wanted to take the time to speak to a lot of the newer investors that come through the site looking and trying to figure out which is the best way to start out in this business. You will hear whol...
Hi everyone,I'm graduating with my Bachelor's degree in Accounting in May 2015. I have applied to both the Master's in Accounting program as well as the Masters in Tax program at my university, and I cannot decide whi...
After reading many books on personal finance, a common recommendation is to keep track of your net worth. I like the idea of this. For me, RE investing is about CASH FLOW to grow and sustain the business and NET WORT...