John E.
How do I make RE investing a business and not a hobby?
Hello BPers...
My name is John Elmenhe, I'm 15 years old and I'm going to begin investing in real estate the day I hit 18 years old by trying to wholesale properties. I'm going to begin working soon and I'm NOT goin...
Bryan Beal
COVID-19 vs. Basic Freedoms
Let me start by being crystal clear. I am very sympathetic to all of those who have been exposed to COVID-19 – those who have either struggled through severe (or even mild) symptoms and certainly those who have passe...
Brice Hall
A lot of people are being misled
What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...
Mike H.
Is right now one of the worst times to be a real estate investor?
I haven't been doing this as long as some of the big time investors here. But I've had a pretty interesting run over the last 20 years. And I'm just wondering if anybody else is seeing the same thing. I started in ...
Noelle Pritchard Barkley
Have $500k to start RE investing- wwyd?!
It’s fun to dream about situations like this, but I’m not dreaming... And I do NOT want to screw this opportunity up. Asking for real advice.
We sold our Denver home for $800k, a cash offer, we close in exactly on...
Chui Chan
Getting into NNN investing questions
Looking for insights and opinions on my personal situation. I am exploring the transition into NNN investing because I'm tired of residential tenants. If someone's heat or toilet is broken I would rather that not be...
Mitch Kronowit
HML actions in case of default
Originally posted by Jon Holdman:I'm taking back a house this week because the borrower hasn't been able to sell it.
Jon, sorry for the thread drift, but I've been wondering, when the lender (you, in this case) fore...
Ken P.
Reflections on the first year as a MF owner
We’ve just passed the one year ownership mark, so I wanted to use this milestone occasion to update the BP community on our progress with the 18-unit package of condos that we purchased from a retiring landlord.First,...
Kris Fox
Questions about a Deal with Agreement for Deed
This is an unusual situation, but I'll try to do my best describing it. I wasn't sure if it his question should go here or in Notes Forum.Seller and her husband sold on "Assignment for Deed" contract that is recorded ...
Serge S.
Due on sale clause was called by bank!
I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...