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Hello, I am just getting started in real estate and am new to analyzing deals. I have not done a walk though of this property and put estimates up for the repair cost. If that the right approach or should I do the wal...
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I am writing about this on BP because I just found out about it and there are bound to be some tax wizards on here that know about about the game theory needed to navigate our ridiculous tax code. I stumbled upon thi...
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I have observed that investors consistently IGNORE the fact that their time sits idly in a bank account when they tout their "AROI" on their projects. This is quite puzzling to me and I was wondering why people do it...
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Hey all,It's winter time and the oil is flowing. This gives me plenty of incentive to find a way to cut some of these heating expenses. Most of the time when the topic of submetering heat is brought up the consensus i...
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Hi Everyone...I found out that one of my parents has substantial funds in a Money Market account that is part of his retirement portfolio. His accountant said he can invest it in ventures other than stocks, bonds, mu...
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It has taken me this long to get to Ken McElroy's seminal book, The ABCs of Real Estate Investing. I'm late to the party, I think! But as they say, slow and steady wins the race!Here is a good quote, taken from pp. 14...
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Hey everyone,
I have spent the last year or so reading all the real estate material I can, continue reading and listening to the podcasts on here, but I'm trying to figure out my next move. Trying to invest i...
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Hi,I would like to know how a seller-financing deal works. I will for the sake of the matter indicate what I understand by using a fictious scenario.Property A : Purchase price : $75 000Can I offer the seller the do...
I have a townhouse for rent. The rent is $1300 per month. She has a credit score of 747, and has a yearly income of about $100k. But she also has “recency of a balance over limit on a bank card account”, “bankcard acc...
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Her'es the skinny: Step-mother and Step-Daughter bought the house, and got the mortgage together. A few years ago, set-daughter's name was removed from the deed, but remained on the mortgage.Step-mother had a few loan...