Sean M.
Notes - What Cushion Do You Look for re: LTV Ratio
What cushion do you look for in your LTV ratio (against a fresh BPO) in the case of a 1st Priority Note? Also, how much faith do you put in BPOs?
John A thomas
Newbie wholesaler & millon doller deal
Good evening all,I have a potential good problem to have and need advice. In summary I am a brand new wholesaler and started calling a tax delinquent list. Well, my 10th call was answered and the seller was motivated...
Joshua Dorkin
Tiger Woods - What are you thinking?
This Tiger Woods drama is nothing I really care about, but the announcement that he is giving up golf is what gets my blood boiling.
Here are my thoughts:
1 - Sure, he messed up big time by sleeping around
2 - He a...
Steve K.
Purchasing property in France?
Does anyone have experience owning property in France? My sister in law is looking into it and asked me for advice, but I know very little about the process of buying and selling in France as an American. She’s been l...
Joseph Crunkilton
Why did my gas bill go up 100-200%?
All, I have a vacant rental that was costing me $20 or so a month for the gas alongside mortgage and other utilities. The last two months my bill has jumped to $200 and $250. This is a small, vacant rental that is onl...
Anthony McDougle
Buying & Increasing Rent
Hey all,
As I said on here before, I'm looking to hopefully buy a duplex in the Charlotte area where I can live in one unit and rent the other, but most of the duplexes I've seen for sale are already occupied...
John C.
Rents
I bought a house as primary residence and after 2-3 yrs. of living in it I rented it out, been about 4-5yrs. It has been foreclosed on Dec. 9,2010. Now I am in the redemption period until June, 2011. So, I still hav...
Holly Barrett
1031 Mistake - Oops!
So I made a mistake.We sold a rental property and I assumed that we had to do 1031 exchange to avoid capital gains tax. My bad. I didn't double check for exceptions.$850 later, thinking I was so smart for doing 1031, ...
Ben Smith
What should we do?
Our story starts over two years ago. We moved to the Atlanta area from out west with a job transfer and bought a new home in a subdivision that at the time was building and selling homes at a rapid pace. We purchas...
Richard Warren
Does Your Word Mean Anything?
I was raised to believe that the most valuable asset in business, and in life, is integrity. Your word is supposed to mean something and personal ethics are paramount.
This week my article on the BiggerPockets Blog w...