Account Closed
Deed Fraud on the Rise, via WSJ
Good article from WSJ about deed fraud on the rise. Seems some folks think buying the house is too much trouble, so they're forging the documents and selling it without buyers knowing it.http://www.wsj.com/articles/la...
Jessica Hicks
Identifying markets to build Adult Family Homes
Hello, I’m a new investor and have been searching for an investing strategy that is fairly recession proof. One of my friends invests in Adult Family Homes. I like the idea of this niche seeing as how baby boomers wil...
Ronald Cooperman
Switching from long term rentals to short term rentals
I am 65 and started investing in B- 3 br 1ba properties in NJ. My Ave property cost 80,000 and rents for 1100/m. Turnover is very low. I own 60 of these with very little problems I am looking to get advice about se...
Ed Kahle
Finding leads
My wife and I just started a wholesaling business. We are using bird dogs. It's hard to get good help and to get them to find the type of leads your looking for. We are also using Craigslist but are finding that Cr...
Kelly Farmer
Ohio Cashflow and Oz Realty Review
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
Danny S.
401(k) Situation
Good Morning BP!So I have about $19k stuck in a 401(k) account with a former employer. I'm fairly young, 30, so my investment allocation was 85/15 stocks to bonds. Since its inception over 5 years ago, my overall rate...
Duane Whittaker
57 years old and just started buying rentals. Any ideas?
57 years old, recently gave up on 401K (interest rates are terrible past few years) and got 1 family home rental. A more stable of building wealth is to have as many rental properties as possible before I'm forced ...
Miles Smith
What is your standard of determining goals?
Hello everyone my name is Miles Smith, I'm about to be 18 and am going to be an real estate investor. My question is how do you guys determine goals? I am trying to get my goals and time frames set up and want to see ...
Ming Lim
Reserve Fund Estimate?
Hi BP!
I'm working on some calculations for an apartment building. 6 story, approx 30 units. For an SFR, I typically keep about 8-10% of the homes values as cash reserves. What rule do you use for a large mul...
Ben Walsh
Mobile Home Park Evaluation & Due Diligence
Hi All, I am looking at a few mobile home parks in MN and I am wondering what you all use for evaluating the value of a prospective mobile home park. Are you evaluating it the way you would an apartment building? Woul...