For those passive investors out there, which matters more to you - That your sponsor has money in the deal or that he/she has a successful track record?
The title is dramatic, but I do wonder if your typical mom-and-pop that's just starting out is going to be able to build a legitimate (cashflowing) rental portfolio in the current market with large institutional buyer...
I wrote an offer on a property in Richardson, TX today. It's an REO, but the bank is taking all offers. Mine is the first written contract they have received. I offered about 65% of a very conservative ARV - rehab. Th...
What does everyone think about the housing market right now? Would it make more sense to wait it out before buying anything to see how the housing prices changes?
I am a newbie. I was invited to a zoom with this funding company called "Legacy Leavers", who has a 1st time investor program. This program offers funding up to 400K with a 660 Fico, and at least 27K in yearly W-2 i...
528,000 foreclosures so far in first 6 months. On pace for over 1 million this year. That is a # that, to my knowledge, has NEVER been reached. What will 2011 be? Higher or lower? Where are all the buyers and cash go...
On a vacation to Whistler this past week I managed to read Rich Dad, Poor Dad (in between shredding the slopes) and thought that it was an interesting read. The concept of the rich buy assets versus buying liabilit...
Happy New Year! I am surprised I haven't seen any forum activity yet on Engelo Rumora's recently published book The Raw Truth to Success In Real Estate, available on Amazon. I'm going to post the sections of the book ...