{Numbers included}You've heard it before: in 2007, my husband and I were young and naive, and desperately wanted to purchase our first home. Not only did we pick a neighborhood that we didn't know well (which turned o...
Hello BP!I just wanted to share my plan for creating an unfair advantage for myself. Another title for this post could be "From adversity to advantage"1. Become a licensed contractor. In Michigan all I have to do is t...
Looking to get feedback from anyone who has successfully built an ADU on their primary residence. I realize when building an ADU and renting it out, you lose a level of privacy but it's a sacrifice for rental income. ...
Hi All,I was under contract for my first property, but it ended up not appraising, so we backed out. This property was located in Michigan (I'm in CA). I spent $525 on the inspector. In addition, I spent $400 on a fli...
So, I am located in the LA/OC area and thinking of investing in a SF home or two in the North or Southwest area of Bakersfield. The market seems to have recovered within 20%-25% of the 2006 peaks according to what I c...
Hi, I’m a newish real estate investor and both or my SFH properties are located in Panama City, Florida. One property has half a roof and is probably a total loss and the other has bad roof damage and the sunroom was ...
I've heard about banks bidding at auctions - would this only be for the sole purpose of raising the bid to try to cover their lien on the property? Otherwise, I don't understand why a bank would send an agent to the ...
I got into a bad deal years ago (with little real estate knowledge), which had created negative cash flow every month. The price of the property in the area has also depreciated and is not expected to up soon. I know ...
You have a huge task ahead, to recover from devastation, and you will recover! I wanted to take a moment to say my heart goes out to everyone who is suffering injury, loss of life and property.
Recently had to evict my tenants for unpaid rent for a little over a month. I was ready to take the loss, but I just got the video walkthrough of the place. It is an absolute mess, and I am guessing 30k+ worth of dama...