Samantha Swenson
How to survive an Impending Depression
My husband and I are getting into buy and hold real estate investing and are planning on BRRRRing properties. The renting market is in an incredibly high demand in our area, but we are in a small town. When talking t...
Linda L.
What you should be concerned as 1st lien holder if there's 2nd loan?
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
Mike Wire
anyone investing in puerto rico
I just heard on the news that real estate prices are dropping like crazy in Puerto Rico due to the state of the local economy. Wondering if that's a good opportunity to start investing there. Anyone on BP currently in...
Herwin G.
Buyers' agents giving commission rebates?
Hey BP, a friend recently mentioned that there are some buyers' agents that offer commission rebates of 1% or so. And since the commission is already factored into sale price (as the seller pays the commissions) thoug...
Account Closed
Wholesale Central Florida
Hello all!After marketing for sellers I have quite a few highly motivated sellers lined up in the Volusia and Orange county part of Central Florida. After speaking with my Attorney I am saddened by what she told me a...
Ruth Ann Morris
Passing the cost of utilities on to tenants
I am considering purchasing a duplex in Sioux Falls, SD that does not have separate meters. Up until this point, from what I understand, the utilities were included in the rent. That works great if you own the place...
Ladan Ballai
Previous Owner didn't include actual lease, only Estoppel...
Title doesn't do much justice, sorry!tl;dr The previous owners were terrible landlord's and lost the lease. During the sale of the house, they "made up" a lease and Estoppel that forgot to mention that they collected ...
Margaret Feit
Properties Titled Personally but Reported on Partnership 1065
My husband and I have an LLC with a 50% split in ownership, taxed as a partnership. We own several rental properties, which we run through this LLC. We have separate business bank accounts and credit cards and run all...
Larry Flanagan
What have been your worst investments?
My worst loss was $100,000 trading foreign exchange. I made $100,000 one year then lost $200,000 the next.
My worst real estate deal I lost about $25,000 on. Paid too much, rented to dirt bag tenant for way...
Tim Phun
Interest Rates
Just wanted to see how fellow BPers feel about future interest rates? As all investments are linked to rates, I feel that rates in the future matters a great deal.
If an investment property is purchased today and th...