Jay Hinrichs
What cities are the Hedge funds buying in ?
Are Hedge funds buying in your city... should investors be following them and buying along side the Hedge funds with the hope of getting swept up in the anticipation of capital growth based on supply demand? Or are t...
Brendan M Brown
Starting out; Disgruntled
Hey all. I recently heard of someone who has acquired a lot of property recently. Some main st village type property, mixed use with store fronts etc. I heard through the grape fine that he had recently started “scoop...
Gerry Cohen
DO NOT INVEST with SCOTT CARSON (We Close Notes) or Inverse Asset
I have been reluctant to broadcast this information to the note investment community, hoping not to "hang out my dirty laundry" with colleagues or the note investment community. However, it is time to speak out and ad...
Rodney Lorenzo
The bad neighborhood I invested in may kill my investment
The urge to get into real estate pushed me to invest in a 6 unit building in a neighborhood that I didn't think was that bad. I thought, the cash flow could be good so why not. This was a year ago. Now, my PM is strug...
Dawn Anastasi
Section 8 Bible
Has anyone ever read these books (volume I and II)? In it, the guy talks about his strategy for buying and renting out over 300 single family homes.
For the first property, he started off with around $28,000 or so f...
Jordan Thompson
First deal (Duplex) rehab and build - with pics!!
Hello BP! I've been a pro member for about 6 months now and am proud to announce that I have officially closed on my first deal - a duplex! The gameplan for this thread is to chronicle my progress through the rehab,...
Uriel Gonzalez
Cirumvent the 90 day Fannie Mae deed restriction
I have heard you can accomplish this with a Trust. But how do you make a trust? Now considering I get an REO under contract and plan on wholesaling it and at what point of the transaction do you make it? Before lockin...
Curtis H.
A Potential Deal but...Property Manager
Hello BP,
So there is a home that I looked at today that is available for lease. It was shown to me by a property manager. It looked like a classic case of someone who accidentally turned into a landlord....
Julie Marquez
Unhealthy Frugality Disease
Blame it on the holidays, consumerism season, or the purchase of my latest rehab project, but I've been thinking a lot about my relationship with spending money. I have this unhealthy relationship with healthy money m...
Will Barnard
Validate the 50% rule
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...