So I met a newbie investor (let's call him Joe) through BP this week and went and looked at a property that Joe had just closed on. I was excited for Joe because hopefully, this will be first of his many, many propert...
Hey, what are some mistakes beginning investors tend to do while flipping REOs?
I don't have much experience so I will have to learn from others mistakes
I'll do my best to explain this...I have been mailing to absentee owners for over a year now off and on with moderate success. I changed up the criteria recently using "last sale dates" (along with some other changes)...
First, let me say...I HATE BIG BANKS LIKE HSBC...Now that that's out of the way, many times big banks don't include the full tax escrow amounts in their closing fees. If you don't want a surprise increase in monthly ...
In April 2012, I bought what I thought was the primary mortgage in a court auction for $40k. Well, this was my first time doing this (auction, I usually buy from brokers and flip) and it ends up the website I used to...
What were the biggest mistakes you learned from rental properties ?
First time poster, long time reader. Not sure where to post this. We have a home in Sherwood Oregon that we bought in 2005, it's appreciated nicely and we have been told that we could easily get 365k or above in this ...
I am looking to become a "Wholesaler", but there are a few things that I want to make sure I do right. There are alot of so called Wholsalers out there, and I would rather not go down that path. I know that it takes t...
I have a friend that sold her house. During the final walk through, the buyers noticed the fridge was missing. My friend always intended to take the fridge, and didn't list it on the included appliances, but the co...
I just joined BP and had joined Lifestyles Unlimited about a month ago. It cost me $6.5k and upon reading many discussions about them, mentoring in general, and how there's tactic to get you to join programs like L...