I just sent this letter to a guy who was just starting out and wanted some advice.......
Hello,
There is one thing I'll teach you that will make you filthy rich beyond your wildest dreams. It's the thing that all RE...
The last 4 or so offers I made (at or above asking) on condos on oahu were blown out of the water..1. Like 2 weeks ago on a 1BR in my building. I made a full price offer and bam, they had an above asking cash offer an...
Hi BiggerPockets Community - I'm Paul and like the title says, I put websites on top of Google for a living. What questions can I answer for you about that?I'm a newly addicted real estate investor, and I've been list...
So many people are graduating college every year with tens of thousands of dollars of debt. Many of these graduates are having a hard time finding jobs that pay 50K+. It doesn't make sense to me to "invest" all of thi...
http://www.nytimes.com/2010/08/23/business/economy/23decline.html?hp
It seems like they might be jumping the gun a bit. Yesterday they had an article that small time investors are leaving the stock market. But people...
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
Hello All,
I have had my first wholesale deal under contract for a couple of weeks. I know my mistake was not getting it under contract lower but with the pay off amount for the homeowner and the lack of repairs neede...
Hi everyone! I recently traded in my 2006 Dodge Ram and am now desinging my new rear window advertising. It's a bit harder than what I had on my Dodge. That was simple. Magnet on the tailgate and in big yellow le...
Hi All,Currently in the process of purchasing my second duplex. I have done minor remodeling work and landscaping on my first property, but This one requires complete remodeling in both kitchens. Looking for any tips/...
So I screwed up last year, or at least according to my current strategy. I refi'd my 30yr mortgage on rental property down to a 15yr, and paid points to get down to 3.5% interest.
Now I'm wishing I pulled cash out s...