I just finished watching The Big Short, a movie about the real estate bubble. I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...
Simple poll-
Which of the following in your mind is the most threatening to our National security? In alphabetical order.
1. national debt
2. rogue nations
3. terrorism
4. unsecured borders
These are al...
My recent BPO from WaMu was a drive-by, they didn't check the inside of the home.
I've been told that the next one will also be a drive-by...they don't reveal when it will be done, and there's no appointment set beca...
I’m just starting out and I was trying to get a preapproval letter so that I could know what price range to start looking in. I was told that I should save up $10,000 before I even consider getting a preapproval lette...
So I have a duplex under contract
- In a C - area, - All Brick exterior, - Cpvc updated, - Electrical looks good, -Both AC are 8 years of age, - Roof looks good, - Tile floors, - Rent should be around $1200 gross mon...
Here's an article: https://www.wsj.com/articles/t...With rent rates increasing dramatically, a housing shortage around the country, and new generations that feel entitled, I suspect we'll see more of these. I find it ...
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
We own three properties in Tulum, Mexico and would like to expand our investments there, but are having a very hard time finding funding. My husband and I have temporary residency in Mexico, and our rentals are all o...
The saying goes and it's true, one has to spend money to make money. But when one has no money to invest, how is one supposed to spend it? Another is the definition of insanity is doing the same thing over and over an...
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...