Shea Spinelli
First Property - Section 8?
My wife and I are ready to purchase our first multi-family, first investment property. I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month. After I scoped out the property, I came...
Jeff Morelock
Seven Questions Inexperienced Wholesalers Hate
Are you going to risk thousands of dollars buying a property from a wholesaler? You better make sure they know what they’re doing, or you can lose every single penny.By asking seven simple questions, you can separat...
Ivan Jouikov
How is "Subject To" different from Seller Financing?
Everything I read so far has the 2 terms separated, yet they both seem to mean the same thing - seller keeps the loan, you put the property in land trust and assign yourself as beneficiary. You make payments to the se...
Mark H.
$500,000 in cash. What to do.
I have yet to purchase any rental property. I have made my money overseas from savings. I do like owning some stocks, but I now want to diversify into real estate. I have $500,000 in cash. I do not want to rush in...
Brian Zitzow
Realtor shocked I want to offer 100k less than asking price.
So I just got off the phone with my realtor. I want to write an offer for 245k on a duplex that is in probate and asking 350k. He was shocked. He said he "knows it is worth at least 320k". It's tax assessed at 315k in...
Josh Saul
Replace your mortgage with a HELOC
Hey Folks,I've been looking into the concept of replacing our home mortgage with a fixed rate HELOC as described on sites like Replaceyourmortgage.com. They want about $2000-2500 for their coaching and information. ...
Mihir Bhimaraju
House hacking through Airbnb
Hello BPers!I was initially hesitant to post this as I was contemplating whether this is a success story yet, but I'll let the BP world to decide. I'm sure everyone has a story on how they came across BP and here's mi...
Khu Far
Just starting out..how to invest $50-$75K?
I would like to start my REI and not sure how to move forward. I have access to $50-$75K to start. I own my own home for the past 15 years. Have 780+ credit. I am self employed though so not consistent income. I'd li...
Tim B.
Who is responsible for missing outside items
I have a rental property in NC that has a few storm drains in the yard. There are steel grates covering the drains for safety reasons. My tenant called the property manager today and said the grates are gone and ne...
Tursheca Fowler
Any advice to a Newbie beginning to get discouraged??
Hello All...
I am a Newbie wholesaler here in the Houston area...and I have yet to wholesale my first property. I have been doing this since Feb 2011 and I am really beginning to become discouraged. I have read book a...