Rich Weese
Now I understand why flippers are having to work
I saw an article on Phoenix TV yesterday that explains the current market for discounted properties. I know the local Phoenix BP members have been working much harder to find "good " deals and much smaller margins.
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Hersh M.
History Of US Real Estate Bubbles
Recently while looking for resources on past real estate cycles, I came across below 2 articles.1. http://www.businessinsider.com/the-economic-crash-...This article has a lot of data but is missing the explanation for...
Abdul Azeez
Analyze this deal - Memphis TN
Hello Folks - I am being offered a turnkey property in the following neighborhood on Scottsdale Ave zip 38115 for $120,000. It is classified as a B+ neighborhood. The house in question is a 4/2 with projected rental i...
Darnell P.
I have 5 rental properties. Now what?
All five have renters in them and I'm house hacking in the 3 flat. I want to discover strategies to pay the loans off on these properties as quickly as possible. So would you flip homes until you pay off the loans o...
Phillip M.
Freddie Closing Fee
I finally (long story) have a signed contract with Freddie Mac on a REO foreclosure in Florida. The contract states that "seller will designate closing agent and pay for owners policy and charges". I received the clos...
Account Closed
Would you feel comfortable with this kind of leverage?
I know the debate on leveraging has been raging for quite a while on this forum and there are several people who are pro leverage (Rich, Will, JScott) as long as it is used responsibly and there are others that talk a...
Arlan Potter
No reserves necessary
I have seen a bunch of questions about reserves for things like vacancies, major repairs, and capital improvements. In my opinion, these are not relevant to my rental empire.I try to find properties that at a minimum ...
Jennifer Noble
Q! All cash purchase out of state or financing to buy in SoCal?
Hi All,I'm trying to decide if I want to take on the risks of buying property out of state. I like this idea because I can probably get a property for 35k-40k all cash in the MidWest somewhere. This would allow for p...
Lauren Thomas
ANY SUGGESTIONS FOR A NEWBIE?!
My husband and I are new to REI. We are in the Baltimore, MD area. This is something I have had a passion to do for a long time and we are finally in the space in our lives to do it! We have done extensive research, s...
Bishan C.
Real Estate Syndication Due Diligence
I'm interested in getting into real estate syndication. I found a couple of funds that I'm interested in. I'd be interested in any ideas regarding how to conduct my own due diligence into these funds. How can I tell i...