The homebuyer/flipper company Opendoor Technologies (OPEN) is starting to look like a zombie company. Last quarter, they produced negative gross margins (-12.6%) and lost $928 million in operations. Their market cap (...
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I have been feeling a lot of indecisiveness lately. I almost closed on a deal in St. Louis on a SFR but had it fall through. I'm also in the process of getting a multifamily in Alabama only to be having second t...
I thought it would interesting to share some recent experience we have had with some of these instruments. To that extent, an illustration of the pain that can come with working with an instrument that is not the...
On March 8th, 2018 the Alabama House of Representatives unanimously passed HB354 that MAY drastically change tax lien laws in your COUNTY. The Alabama Senate has a companion Bill (SB261) that is waiting on the call o...
I have poured my cash into STR construction projects, and so actually have a loss which nearly equals my income.Using the "STR Loophole", this should enable me to deduct these expenses from my W2 income. However, this...
Has anyone every heard of Josh Marti? Says he is a wholesaler who has helped 1000’s of people. He has an interesting program on his website (JoshMarti.com) that I am looking into. Problem is, I can’t find any informat...
I posted earlier this week about a lot that came up in Charleston.. my realtor ( who is awesome) e mails me at a little at 10pm her time.. new lot on a little street I have already built two homes on and have been wil...
I am not yet discouraged, but as I read about buying notes I seem to find mostly information with a slight negative twist to it. I am 100% sure these members are trying to help gung-ho newbies such as myself, avoid...