Chris Seveney
Daily Dose of Ponzi Schemes
Good morning all. I do like to share these as there are active and passive investors here on biggerpockets and these stories hopefully those may get some education on what to look for, or not to look for. While we nev...
N/A N/A
Still looking for first deal, what do you think?
Had someone call me and provided me with this information:
5 bed/3ba
tile floor
ocean view
roughly 3k sq ft
There is a 1st Mortgage of $576k @ 6.5%
2nd of $108k @ 9%
He also said they are 5 year arm
Other notes are...
Alan Day
REO Process
We are just learning about REO properties and I have a general question about the process. I see homes in 'pre-foreclosure' and have seen a couple listed at the local Sheriff's weekly sale where the bank keeps them g...
Terri Pour-Rastegar
Big Black Ants Eating Insulation?
A tenant called me last night stating that she's been finding little piles of fiberglass insulation here and there the past week or so. She was beginning to fear she has a mouse problem. Then she said she saw quite ...
Rick Baggenstoss
How do you protect from theft?
Theives stole a fridge and stove out of my nearly completed flip this week. Unfortunately, this was not a planned budget item.
I can live with the financial loss, but I hate to think the thieves will do this again...
Stefon Bostick
Getting a Loan From Your Bank to Purchase Rental Property
Hello All,need a little help on an idea i am kicking around with little experience to fall back on so i'll jump right to it. This may or may not make any sense at all to the more experienced so bare with me. As of t...
Dominique Jones
Nashville Deal Finder
It is soo true, that the hardest part is finding a deal. I feel like I got everything set up but can not find a deal. I am getting worried that I will not be able to get one. I have a constructor, A partner, financing...
Account Closed
Does reducing my taxable income reduce my buying power?
If I use all my tax write offs and reduce my taxable income to 0 will that reduce my buying power in the future? In other words...will banks still count the income from my rental property when trying to qualify for a ...
Account Closed
Easements for utilities
Interested in purchasing a property at a very steep discount because as of right now it has no utilities run to it. It was builders home that was never finished in 2008. Very high end materials and construction techni...
Rico Johnson
How to Find a Good Deal (Even if You're a Newbie) in a HOT Market
If you're a newbie real estate investor and have not found a good deal yet, don't fret. Real estate markets all over the country are HOT and when they're hot, finding good deals is very hard. But you got to be patient...