I am a newbie to this site. I got a colleague request from someone who is Account Closed. Intially I thought like it is a funny user name but looks like this persons account is closed by BP ( perhaps for violating som...
I have to say I'm very encouraged by the mentality of investors helping other investors. It's quite refreshing and I totally understand the benefits that existing investors get from bringing on new investors into thei...
I have a borrower who is always one month , or 2 months behind on Loan Payments for a note I hold. They are also delinquent in late fees. At what point can I start a foreclosure or at least present the idea of a Dee...
Stay out of poor rundown areas. That has been said before. What if that is the majority of the neighborhoods in a person's market? No one wants touch severely damaged homes in the poor communities. That also means les...
Hi! I'm finally, after months and months of waiting, coming to the end stage of receiving permits for a 1000 sqft, 3br/2ba, detached ADU in deep east oakland. As I go through this process, as a total newbie, i'm start...
Investment Info:
Retail buy & hold investment.
Purchase price: $198,000
Cash invested: $40,000
Moderately small house in a gated community with a great atmosphere.
I am looking for ideas of what...
Hey all,Nice to virtually meet everyone! I have been known for blabbing on and on, so I am going to try to make this intro short and sweet. I have been genuinely interested in real estate investing since I was a you...
Hello BP, I'm relatively new to REI. I've been around the business but in the past I tended to sit on the sidelines, content with my current 9-5. However, better late than never, its time to take my future into my o...
Investment Info:
Single-family residence other investment in Lexington.
Purchase price: $214,000
Cash invested: $3,500
Took a single family home and converted basement into separate unit. Seller paid...
Hello everyone,Getting my down payment, closing costs, and cash reserves lined up for my first investment property come January.But today I read that lenders also want to see six months of cash reserves available for ...