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Since they instituted a clause in their approval letter that says they will rescind the short sale transaction if the property is resold within 30 days . This is provision # 10 in their short sale approvals which is p...
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I've been getting mixed answers about STR during a possible recession. Is it smart to buy in 2023 and 2024 despite the status of the economy?
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Hi, this is my first time posting on BP, though I've been a longtime podcast listener and forum browser. I bought my first rental property, a 2 bd 1 ba condo in Prince George's County, MD, about 8 months ago. My pro...
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We had a pleasant emergency HOA special assessment meeting this week. Due to updated CA codes & regulations, coupled with the lack of foresight & planning by the HOA Management & Board, our complex has to ...
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In talking to people and reading various posts online, I see a lot of confusion and varying opinions on ROI vs. ROE vs. IRR vs. Cash on Cash. For example, some people think that in the first year when you purchase t...
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Years ago I learned that when everyone is headed in a direction that you need to pay close attention to what is going on to avoid pitfalls. When my chiropractor started telling me that he was going to buy two rentals ...
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I'm doing some passive investing in trust deeds and thankfully have never had any issues with defaults yet. I'm not setting up my own trust deeds, I'm investing though hard money lenders who do everything and I write...
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My question is this. If I use the 50 percent rule in my market. Most of these properties qualify easy. Do I make an offer then ask for actuals? There's many properties I want to pull the trigger on. Any advise?Thanks...
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This afternoon I got my first property under contract! My wholesale intentions full disclosed! A fully rented duplex with $1350/mo in rents! Now the fun part, shopping it to my buyers!
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Went to the building dept in my town today, I have some electrical work that needs to be completed in order to get a clean certificate of occupancy, anyway they said that i needed a licensed electrician to do all of ...