Hello BP Community! I'm still fairly new and have a deal that I am considering. It is with a local flipper who is quite experienced. The deal is to lend him $200K for the duration of the project with the expected d...
Is it wrong to raise rents on existing tenants after property has been purchased every 6 months tell rent is to rent level in area? (increments of $25 which would be a total of 2years in all to reach)
Hello there,I am thinking of buying my first rental in Florida (either Orlando or Tampa), however I was warned by a friend who bought a few months ago and had to spend 3000$ on landlord insurance. He said that there a...
I hear stories that people have bought houses for 10 cents on the dollar at sheriff's sale/auction. How is that possible? Why would a 50% equity homeowner default when he/she could put their property on the MLS at 7...
I have a question about the 2 percent rule. This rule seems good but a little unrealistic. I'm sure this is possible in some parts of the country but here in southern Utah that seems a bit high. Does anyone have prope...
1,200,000 foreclosures?
30,000 investors here at BP?
that averages about 40 houses each.
I am sure there are loads of investors not here.
so if 10% of investors are here, that's 4 houses each.
Hello BP,I have a situation that im not sure exactly what to do in so I hope someone in my Norcross, Gwinnett county area can give me some guidance.Here's the story. Im not sure how to make this sorry short sorry in a...
What would you do with $50K in a SD-IRA? Assume you wanted an annual return of >18%.
The NEW lease-option design...As I understand it, one of the requirements of the new Consumer Finance Protection Bureau, birthed from the Dodd-Frank legislation, is that ANY lender in an installment sale has to verify...
Social Security is about to begin paying out more than it takes in.
Article: http://news.yahoo.com/s/ap/us_social_security_ious
Since the Social Security Trust Fund is nothing but a bunch of IOUs, how long will it ...