I am a 29 year old male, married, with joint income living in Dallas. My wife and I bought our first home in Feb. 2020 for 360k (4bd/2ba), worth roughly 500k now. We were fortunate to save enough to buy a new primary ...
My property manager contacted me to let me know a tenant in one of my duplexes has been given a dog. They asked me if I would consider collecting a 200.00 pet deposit and 25.00 a month for pet rent or if I wanted to e...
Hi All,
I just purchased a nonperforming note in 2nd position on a nice home in Los Angeles. The first is performing and listed with Chase. There is equity in the property even with both the first and my seco...
Was anyone flipping houses back in 2008? I got caught mid-flip and my projected returns were cut in half when I finally sold.Fast forward to today, and flips made up more than 6% of home sales last year, according to...
I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...
Hi, I just finished listening to an episode on biggerpockets and the guest (investor) on there said she often makes lowball offers and hoping one would stick. I do love that idea; however, my question is does that com...
Anyone else feel guilty or bad at the idea of terminating a purchase contract? We have a property that we put an offer in on that was in "fantastic shape" and it got accepted after the seller countered. But after insp...
Let me start off by saying normally I’m funny, easy going and a joy to be around. But when it comes to real estate deals I’m the complete opposite. Not only am I an agent myself but I purchase mainly out of state rent...