Philip Williams
Second flip sold and bought 3 houses in a single day!
So when I initially planned on flipping 5 or so houses this year I had this crazy notion that it would be semi reasonable....1 every two months or so. Instead I ended up buying 1 from a charity and 2 at a foreclosure ...
Eric Gamble
Rental 50%-Rule vs 30%-Rule on a SFH
As an REI that primarily buys in cash, would my opportunities be taken seriously if I used and commuicated my 30%-Rule assumption?I am looking at wholesaling some properties in a highly desireable area. However, when...
Michael Rosehart
Toronto & Vancouver Home Owners are MEGA RICH?! (on average)
The average mortgage debt in Toronto is $194, 000 and 259, 000 in vancouver. Given the average house price is in toront and vancouver is north of a million are we surmising that the average torononian is mega rich? ...
Tony Hershiser
Road Block!!! (need a work around)
I am financially ready to make the jump into realestate investing however, I have a job that requires a lot of my time. When I say a lot of my time we are talking 65 to 70 hours a week. Today for instance I was seto t...
Laura Reese
Buying a flat in Italy - Considerations?
I'm an American living in SE Asia and considering buying a small one bedroom flat somewhere along the Italian riviera. Why? The dollar is strong, and long term, I'd love to have a place we can go to for months on en...
Katrina P.
How do you avoid so many credit inquiries?
I am in the process of loan shopping. Can anyone tell me if it's possible to avoid so many credit inquiries when loan shopping, or just purchasing period? If I'm buying 5-6 houses per year, that could be very ugly o...
Shawn M.
Worst Landlord Headache Ever
Hi BP, I'm trying to compile a list of worst landlord headaches ever, to use in a direct mail campaign. Whats the worst call you got from a tenant?What has been your biggest pain from owning a rental property?If you a...
Peter Lee
Bank says no counter on Short Sale?
So, 3 weeks ago, I found a house on the MLS listed for $74k, I made an cash offer on a short sale and it was accepted by the seller. Today, I got a phone call from my agent saying that GMAC negotiator wants $90k for ...
Tucker Cummings
Refinance vs. Holding & HELOC
I've just purchased my first property in cash, with the goal of doing a BRRRR strategy. However, I haven't borrowed any money for the property, so I'm not obligated to pay anyone back (other than myself), and I'm wond...
Jonathan Cope
What was your Most Courageous Moment as an Investor?
I recently wrote a blog post about the start of our real estate investing. Recalling how scared I was when we began made me wonder about stories of courage. I think we were most courageous when we started. Knowing the...