Chris Adams
My 22 duplex lot deal - $1MM in debt - purchased with no money down.
***WHY I AM DOCUMENTING THIS ***Before you read this post I want to explain why I am documenting this deal. I am where I am today because of the selflessness of a few people that had taken time out of their lives to h...
Meghan McCallum
What is your best advice for turning a building "green"
Hello everyone!I am closing on a 20 unit building and my goal is to make it as "green" as possible. It currently has 7 vacant units, it is a 1928 brick building with a flat roof. So, I am looking for any and all of th...
DuBeaux Dingle
Why aren't realtors investing?
Hey BP,I'm relatively new as a real estate agent, but one of my main goals are to become a successful investor, focusing on building a portfolio of rental properties (hard to find cash-flowing properties in the Northe...
Marco Santarelli
What is your MINIMUM required Capitalization (Cap) Rate?
Although I'm not a big fan of using the Capitalization (Cap) Rate to analyze a property, it is a number used by many investors as a quick one-dimensional metric. It is also one that is more commonly used in the comme...
Blake Ramsey
Considering not fully completing college to pursue Real Estate
Hey everyone, my name is Blake and I'm a mechanical engineering major at a community college in Springfield, Mo. I have been diving into real estate for a little over a year and I am now confident it is what I want to...
Ben Toth
Thoughts on Exp Realty?
To my sisters and brothers in the real estate biz - I'm considering joining Exp Realty and curious to hear your thoughts - positive and negative - on this company/their approach. On the one hand, the stock options, ag...
Will Gaston
My First Lawsuit: Will this Loophole Help or Hurt???
All:So ten years in and now I'm officially a landlord as I just got served with my first lawsuit. It's in magistrate's court and the tenant is asking for her last 6 months in back rent (~5k) as she says she has not be...
John Chapman
I never want to own a house again.
I moved to DFW in 2005 about a year after law school and immediately purchased what I perceive as an expensive house. I spent way more than I should have and bought way more house than I needed. Like many people my...
Gerry Harris
100k in the bank and 100K in debt
Hello all! This is going to be a rather long post, but I am very perplexed on what I should do with my very current/upcoming situation.Long Story Short, for all intensive purposes I am about 100K in debt6k left on car...
Account Closed
Foreclosures are coming back
U.S. Foreclosure Activity Continues to Increase Despite Government Moratorium
Highest foreclosure rates in Delaware, Illinois, and Florida
Nationwide one in every 4,078 housing units had a foreclosure filing in Q1 2...