Rick H.
DUE-ON-SALE-O-METER
Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
Alex Silang
Mass deportations: will it affect rental markets?
There are 11 million undocumented immigrants in the United States. If even just a quarter of them are removed, don't you think it would greatly affect housing markets? That'd be 2-3 million people not needing housing ...
Account Closed
Are prices going to start up again?
I just got an email from my realtor regarding my decision to wait a little longer for prices to come down more. She said this:
"Sad to say that all indicators show that prices will start ticking up not down. The buil...
Keith Saunders
Major Banks Forging Ownership Documents
Just saw a story on 60 minutes about several very large banks manufacturing ownership documents. All related to mortgage forclosures in the past several years. It appears they can not come up with the real title of ow...
Michael Baybut
Bank REO purchase strategy
Hi,
This is a bit of a follow up from my previous post. I'm very interested in a REO property that's about to come on the market soon. I tried to buy it as a SS but it ended up at foreclosure. The bank had accepted my...
Scott Nguyen
Pros and cons of syndication investing
Investing in a syndication sounds like a good idea, put in some money with to own a much more expensive property, and then get returns on it. What are some pros and cons of investing in a syndication?Do any investors ...
Marc Latreille
Absurdly good deals in Chicago
So I am browsing properties all over the country, lately realizing that Chicago has ridiculous deals... I know it is a city with a lot of crime, that most of these areas are really rough...But how bad can it be? Build...
Christopher Herrera
My house won't sell for the price we want
Hello BP community. So we have a house that was flipped and put for sale back at the end of July. We had an offer in August but after the inspection report she backed out. It was nothing major just a lot of small easy...
Taylor White
Should I sell my rent house and put the money in the s&p500?
I'm trying to work through some investing thoughts and would love to hear other people’s thoughts/opinions!Theoretically, right now, I could sell one of my rent houses and not have to pay capital gains on it (because ...
Emily Sulliban
50% Rule- Is it Really a Rule?
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...