In my experience selling investment properties I've seen many different strategies investors use to determine how they look at an investment. Some go off the margin, they want 20-30% return for each property, others g...
I’m about to tell you about a deal that could have easily fallen apart, but instead turned into a $200k profit after a lengthy eviction process. This one came from Massachusetts, a state where the eviction laws are no...
I am thinking over 2 choices. Would like input, insight or opinions. I have a bay area SFH value ~$410K, bought 1 year ago for $385K with 20% down and put about $30K repairs into it. Has good terms, 30year loan with...
A friend introduced me to a guy he met a few years ago, who is raising $ for a fund (3-4.5 milllion, of which 3 mil is already raised) whos purpose is to buy multifamily (2-10 units) in Philadalphia submarkets, rehab ...
Correct me if there are things I'm missing, but here is why I think this situation is different for multifamily than any other recession.
This is not like any other economic crisis because the gov
immediately deci...
Hi All,I have read a lot of posts & books and even attended "Guru" seminars that all seems to make the same statement that a Flipper pays his/her profit as active income - in tax bracket of 30%(?) vs. 15% capital ...
Bare with me...
Key facts:
Shane bought a home in 2006 with a Countrywide mortgage. Countrywide recorded their lien using the incorrect 'legal description' of the property.
Shane stopped paying his mortgage somewhe...
Hello BP Members. I just wanted to let you know I have been wholesaling properties in the Columbus Ohio area very successfully and look to network with those who have an interest in this lucrative market. In additi...
So I spoke with a friendly couple this morning about a property they have for sale. They are in their 70s and have 12 other properties and are looking to down size some. Sounds like they actually built this property...
During the "rich dad" seminar they were talking about rent-2-own properties and how we didn't even have to use our own money or credit.Can anyone expand on that and let me know what the process for that is? that's the...