Hello everyone,I am currently closing on a single family property for which I had a 35% down payment. Will be getting back an estimated of 50k which I am planning to invest on a multi-family. I also have a passive inv...

I am aware of putting them out on Friday evening then taking them down Sunday, but that won't work for me this round.

My plan is to put them out on Saturday afternoon and leave them up for two or three weeks (if they...

Hi BP!  We took an assignment of a standard AAR contract for a fee of $5,000 through a wholesale/rehabber mentor of ours here in Phoenix.  We were told by our mentor that repairs would be $20k or so.  After signing th...

I am familiar with the 60 day rule as it applies to borrowing and paying back an IRA within 60 days without penalty, but wanted to know if the same applies to a SD 401k?You might suggest a loan from the 401k but I alr...

Im thinking about pulling the trigger on this 4-plex with renters paying 550 and 600/m. Market rent seems to be 700-725 for comparable units. If I buy the property, how do I nicely tell the tenants I need more cash no...

I want to take $100k of my money to start getting into real estate investing. The goal is long term, to accumulate a few properties, have tenants pay the mortgage, and eventually sell for a good profit (5-10 years)

H...

I just got an offer accepted for my first property ever. I've never bought or sold a home before. I put in an offer for a triplex that I can barely afford, and they just accepted the offer. I'm a little excited but de...

Posted: Tue Jul 10, 2007 10:41 pm Post subject: REO questions?

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Thanks Ryan,

I was wondering:

By the time a bank takes pos...

I am trying to think of ways to get incentivized and get paid based on high occupancy rate and was hoping to get some feedback here. Obviously high turnover and charging 1 months rent to lease a space is bad for the o...

Hello, BP nation! I've created my BP account about 3 months ago... I don't even know why I didn't post a thing on the forum. I'm sure I'm not the only one who just sits around while opportunities are passing by, and y...