Tom J.
Morris Invest and Clayton Morris Review
I want to notify everyone and anyone that is currently looking at and considering a purchase of a property from Morris Invest. It is a scam. Don’t fall for the trap of the high returns. There is potentially a class a...
Diane G.
If you are buying when unemployment is 4%, you are buying trouble
I googled the unemployment history of US, and here is the chart... Out of the past 65 years, maybe 10 saw unemployment at around 4%....All other 55 years were higher.... If you are buying RE in today's enviroment when...
Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Nikki Harmon
Wholesaler Misrepresented himself
I am in the midst of dealing with a wholesaler that has left a bad taste in my mouth for the wholesaling business, and am wondering if this is common practice.A little background: So, I'm trying to sell my house and ...
Jay Hinrichs
OK who has received all or most of their rent this month ?
I will start my two rentals paid one was actually 3 days early.. tenant works for the DOD in area 51 high level 100k plus 750s plus fico.A class rental in Vegasother tenant is in Mississippi my last Go zone house I ...
Account Closed
Who thinks Detroit will turn around within the next 5 years?
I've been on BP for a little under a week now, I love this site it's so informative. My question to you guys though is "Do you believe Detroit is making a turn around for the better & Will the change be noticed...
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Account Closed
Home sellers would no longer be forced to pay up to 6 percent commission to agents
American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commissi...
Alexaundra McCormick
RENATUS SCHOOLING?
has anyone looked into this? It claims to be a college on how to become a real estate investor from the best arpund. There are diferent courses the offer finacial aid and give you access to online classes or you ca...