Steve Tse
New Western Acquisitions
This is a general question to anyone in BP community who has ever worked with New Western Acquisitions or their agents. I am curios to get your experience with buying properties from this company either good or bad? I...
Derrick Lind
Tax deed auction in CA
I’m in CA and looking at buying at my first tax auction. It’s coming up next month. I have my list and am trimming it down and gathering info as I do that. I think my next step is to check some of these properties for...
Marian Jimenez
Keep or sell current home
Hi,I bought a house 3 years ago and made lots of improvements. The house was a 2 bed 1 bath and I made it into a 3 bed 3 bath. I got it for $650,000 cash and I got a 3% 15 year loan for 200,000 for the improvements. I...
Alan Hale
flipping house numbers and return metrics
We just finished a flip in Waco and sold it. Now that I'm going over the numbers on our flip, I have a ROI formula question:ROI = (ending value - starting value) / (starting value).We went into our flip with 45k sta...
Derrick Flores
Add Value to Create Equity
I’m pursuing a property out-of-state that has great cash flow and ROI numbers. I want to make sure that I’m not over paying for the property so I can add value and gain some equity growth. Had a REA run CMA and all s...
Connor Vanin
Upcoming Correction Confusion
New investor here, learning as much as possible while I build up some seed money.
While researching, I've seen people bring up the idea of a market correction in the near future, and it makes me wonder why I keep re...
Barry Westover
FRUSTRATED with $20k to spare
I did my first flip in Gainesville FL, well it was a half a flip but thanks to the RE agent that is also a BP member ( Jennifer Baronna ) she saved my bacon and found a buyer to take over the half finished rehab. I s...
Miriam Gaddis
Countrywide Horror Story
In 1998 I purchesed a VA Foreclosure as an investment, and was collecting rent from it. The VA sold the loan to Season's Mortgage, then Season's sold it to Countrywide Home Loans. I had a fixed 30 year loan for $708 a...
James Hiddle
Largest Fraud In History ($50 Billion)
NEW YORK (Reuters) – Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday with allegedly running a $50 billion "Ponzi scheme" in what may rank among the biggest fraud cases ...
Mike Nelson
Dogs can started a small fire in kitchen
Yesterday my dog started a small fire in my home. As a landlord, I do not allow dogs, but since this is my house I deferred to other members of the family and got a Chocolate Labradoodle (seriously, that is what it i...