How Do You Define a 'Mom and Pop Investor' ?Before I started investing, I looked down on the hard working 'Mom and Pop Investors' who "only" owned 6 or 8 rental properties. Years later I stand with them and admire the...
Value-add investors getting busted for fudging the numbers.https://www.wsj.com/articles/u-s-pursues-one-of-the-biggest-mortgage-fraud-probes-since-the-financial-crisis-1534357872
So I've sent out two rounds of direct mail totaling around 1,000 letters. I've got a 1% response rate. I've made 6 offers. All of those offers were below market value and only cash flowed $100 per door (all duplexes) ...
Let's assume:1) I have a quality tenant who pays rent on time2) PM responds promptly to my emails/calls3) I live far from property so cannot drive by for first-hand look at property myself4) I do not gather feedback d...
What are some names of really successful real estate investors?
I understand this might be a difficult question as investors usually aren't celebrities and don't become widely known, but I'd like to know about any re...
Hi! I'm under contract to purchase a home in a ski resort town. The place needs a ton of updating but is quite large (7 bedrooms/5 baths) and I see incredible potential. It has a separate 1-bedroom apartment attached...
Hello BP,
I'm soon to close on a single family house thanks to my mentor. For my next step I've been thinking about house hacking a 4-plex during college, which I'll be entering this fall. My main concern is excessiv...
I asked myself the following question but still don't have a clear answer - wonder what your answer will be.**If you could take someone from the real estate (investing) world out for lunch - who would you pick?**BTW, ...
Does anyone know the requirements on 1031 exchanges?
What I do know is I must name my property within 45 days of closing and must actually close within 180 days.
What I don't know is must I invest total proceeds? A...
Stockton Deal Analyses – Estimating CostsA while ago I wrote a series of posts ranting about the current state of the residential income property market in Stockton, CA. In each post I highlighted a current listing an...