Robin Casper
How illegal is this on a scale of 1 to Bernie madoff
So funny story I thought I’d share. I recently put in an offer on a short sale house and when talking to the listing agent he said “man I love these short sales!” So I said oh really why? And he said because he rents ...
Ernesto Hernandez
Saving You Time Edition #3 - Real Estate Loopholes ($/Poor Dad)
Disclaimer - I type out the notes as I go, on my iPad. Grammar mistakes highly likely.Real Estate LoopholesWritten by Kennedy and SuttonPart One: Being Smart You need to learn to OPEN tax loopholes for yourself and CL...
Account Closed
"what would you do if you only had $20K to start investing?"
I was asked what I would do if I only had $20K to start investing in real estate. Well I know what I'd do... I'd invest it into 4-5 airbnb properties using the Airbnb Arbitrage model with other people's properties and...
Drew Bursey
Low Ball Offers: How Low Have you Gone?
Hello Everyone,
I was looking at some properties and the numbers (based on the price and current rent) don't work for a decent ROI greater than 8%.If the property was $20,000-$30,000 cheaper the numbers would work (8...
Whitney Ortiz
What do you wish you knew before investing in Florida?
Hi there! I'm wondering if anyone from California/ out of state has any tips on investing in Florida or any lessons or "dumb tax" to share? My investing partner has lots of experience here in CA, but we're interested ...
Greg K.
Very strange Short Pay/Sale clause in banks agreement
Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
Luke Mccandless
Bay Area FHA triplex sanity check!
I am fully underwritten for an FHA loan to buy a 2-4 unit property in the bay area up to $550,000 ( possible higher depending on the income of the other units).I am considering a place in West Oakland, currently a sli...
Jeff G.
How Do Landlords Make Money In Absolute War Zones?
How do landlords make money in war zones? I get that a large percentage of the rental population in war zone areas is likely Section 8. As a kid, I used to live in war zones (I'm originally from Flint, MI. Yes, that F...
Stanley Lo
Notes with very low risk
Who do you recommend for Note Fund investment? I'm an accredited investor thinking of parking 50-100K for 6-12 months. I'm looking for higher yield alternatives to CD with very low risk. I've looked into PPR, Marsh...
Minka Sha
Sacramento rentals too competitive?
I am trying to acquire a rental property for long term cash flow in Sacramento area but getting frustrated with all the cash buyers on rentals.
I'm doing conventional loan. So far, I'm not having luck as my last two...