This article just popped up in my Facebook feed. House Flippers Caused the US Housing Market Crash.It suggests that it was not subprime borrowers with bad credit who caused the crash, but investors, based on the fact...
Why is it that a scammer seems to sniff out newbies and reek havoc on everything that is good? Who are these people anyway? What kind of monster preys on the innocent people of the world just to make a dime? And so...
CNBC just came out with an article today stating that foreclosures are on the rise and that this is just the beginning. Please inform all of the realtors that you are working about this new information.
It stated wi...
I had a call from the PM for one of my rentals saying the sewer line was backed-up. This house is only 30 years old, so assume that the line is PVC. I was under the impression that PVC withstood tree roots. Is it p...
Sharing an example of where reserves come handy. A few weeks ago my rental property experienced a power surge that fried over half of the major appliances (HVAC, range, DW, etc) in every unit. Repair costs are ranging...
Hi All,
Hopefully I can explain this simply.
Purchased a house in a neighborhood that is not considered a "subdivision " . Basically started by one contractor who broke off lots to himself, kids, wife, friends, etc....
I'm doing my first Subject-To deal and have a signed Purchase & Sale agreement. I'm opening escrow today and will be getting a warranty deed at closing.
On another forum, someone said that the lender on the prim...
I would like to invest in either Austin or Detroit to buy and hold. I have 200K to invest.Any recommendation on which one has the highest cash flow? Any advice? Should I focus on a condo? single family or take a loan ...
I am 18 years old, becoming a real estate agent once I graduate high school in May, will be attending college, and am looking at buying my first rental property within the next 6 months. My last post asked about using...