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The Coronavirus Meltdown
The current Coronavirus crisis is having a critical impact on the Mortgage Industry, which could potentially make the 2008 financial crisis pale in comparison. The pressing issue centers ar...
I am a newbie passive investor and trying to understand tax implications of selling a rental property which has passive suspended losses. I don't have a primary residence (i myself live is an apartment), and recently ...
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Hello BPers,I've built many lists (pre-foreclosure, absentee, probate) and am in the beginning stages of send out mailings to them; testing out the waters to see if these hand made lists work. I have found some succes...
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So, here is the scoop. Want to make $30k on every flip? Here is how. To clarify, I haven’t made $30k on every flip, but my percentage is growing on the flips that do make $30k. Also, making $50k on a flip is possible,...
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Hello BP!
So I decided to make the leap and purchase in North Jersey for a small MF (2-4 units) around Hudson, Essex or possibly Union. I've been using a realtor (finally settled on one that fits my style) and seeing...
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Common wisdom may argue that REOs are better deals than short sale. The market have been exhausted, the auction didn't produce results and now the bank is with the back to the wall trying to get rid of the property. W...
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Hey guys, just wanted to share some numbers of a recent deal I've had in the works for a few months. I came across this one via a property manager (non-BP member) that oversaw the rehab project as well. I se...
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Hello. I'm Jared, a newer real estate investor in the Akron/Cleveland area. I work full time as an attorney & live in Northwest Akron. I had always known an awesome contractor, so I figured I would use him to d...
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Hi all. I'm sorry if this question was asked a dozen times before, but I was wondering what kind of documentation/contracts go into making sure one partner on a flip/BRRR property doesn't screw the other over. I've do...
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Hi All,First time poster, long time reader. Just a little background on myself; I am 25 years old, currently own a couple of rentals in Worcester, MA. I went to college for Landscape Architecture but focused more-so o...