My mother bought a 2 family house for 514K back in 2006. The mortgage was very complex and handled by the now defunct WMC(of GE), infamous for using scissors and xerox machines to fake documents, and anything else im...
These days, you can't stay on BP for more than 5 minutes without seeing a thread about investing OOS in Memphis...It is absolutely becoming the new Las Vegas, in my opinion...When the music stops, and it will and it a...
Hey All,I have a property in Memphis Tennessee that I am looking to purchase. It is 168 units. I negotiated with the seller and he agreed to do the sale for 450 thousand dollars cash. My goal is to have the apartment ...
Has anyone ever looked at self-insuring wholly owned rental properties rather than paying an insurance company?
I've been toying with this idea for a while. Obviously it only makes sense after reaching enough...
In my market (Sacramento) and in a few outlying smaller markets, real estate has been pretty hot with prices climbing ever higher, approaching pre-crash levels. A few months ago I was noticing things cooling off a bit...
This is what a contractor told me today. Do they need a diet or am I out of line?
I'm closing on a house next week and I'm trying to line up someone to get it rent ready. A contractor my PM company recommende...
Hi everyone! We need your help!We're looking to purchase a 3 bedroom condo in Boulder, Colorado. Seeing as it's very expensive here, we've considered asking my parents to invest in this home as well, and split the own...
Hey all, newbie to Note Investing here. I am currently working on opening a self directed IRA and would like to use it to buy a few notes to start. Can I buy non-performing notes in my IRA or only performing? Aren’t t...
My local market is very expensive and out of my price range for investment, so I've been investing in other markets. I bought my first two investment properties in Phoenix AZ two years ago. Both needed only minor wo...
So, I bought a house from a nice older couple. It was their mother's house, and they live next door. The two lots are totally fenced in together with no fence between them, and in total they're 1 acre (I have 0.6, and...