One of the things I always try to be conscientious to is herd mentality. Recognition of herd mentality and the pure luck of a well timed divorce kept me from investing in real estate in 2007 and waiting until 2008 wh...
With interest rates at or near 7%, who is purchasing property right now (or in recent times at these rates) and actually predicted to cash flow after expenses (mortgage, taxes, repairs, maintenance, insurance, etc.)? ...
Hey Everyone! I am looking into the Florida Market (From Palm Beach to Miami) however I am open to hearing more about other areas you all could recommend. I currently work with investors and developers here in NoCal &...
Hi BPer,I would consider myself a decent landlord, where I would address every issue or concern that my tenants have. Recently, my hot water boiler broke, so this issue negatively affect 2-3 units in the building. Two...
Hi Everyone,
I'm under contract on a 4BR/2BA home. It's very clear that I'm under contract at market value price. 147,500. However, it will rent for $1,500/month and taxes are dirt cheap.
It is also entirely renovat...
So here is the situation everyone...My wife and I bought a condo back when the market was sky high at 439,000. It went as low as 300,000. It's now around 410,000 and we owe 415,000. Our monthly mortgage is about 19...
I'm in a situation where there is very little banks will give me for leveraging rental homes despite having a good amount of assets and excellent credit because I haven't had any income in 4 years (long story short: I...
Hey BP,So say I was to purchase a non-performing note, and ended up having to foreclose on the property...What would be the ballpark costs associated to execute the foreclosure? Would it be roughly the same as when tr...
So, there's this house that has been deeply discounted about $100,000 off its original listing price. Just last month there were 3 armed robberies next door to that house on a street with businesses. There have been m...