I was starting to do some basic numbers on a large parcel that came up for sale (326 acres @ $700k). When I mean basic, I mean basic. I had only gotten to the point of doing a quick sketch layout and code research of ...
All deals done in Southern California....over the past 21 months
Deal #1 got offer accepted at $100K for a duplex, wholesaled it for $107,000 to a cash buyer, netted $3500 +/-
Deal #2 got offer accepted...
In 2012 we hired a management company to manage one of our out of area properties in Illinois. What initially looked like a great match turned out to be a disaster, and we had to terminate the company after just one m...
Just got approval for short sale. I owe $200K on beach property and have an offer for $90K. In the short sale agreement it states that the lender or its investors may pursue a deficiency judgement for the difference...
BP! Here is the situation:I am a first time investor and and am looking to purchase a foreclosure to rehab and resell. I have been really working on creating my systems to ease the process of a flip, as well as set up...
If you are middle class in America and you depend on W2 income for a living, the chips are stacked against you.1. Why are Americans who work for a living taxed more than investors who live off of their investments?2. ...
There is an economic term called diminishing marginal rate of return. Meaning for every one more unit sold the benefit becomes less and less. With the rise in college tuition costs and the strong emergence of availabi...
Hello BP! I am one step closer to officially being an investor. I have been presented with a promissory note secured by real estate by a borrower, but I am very nervous about how to proceed with the drafted note provi...
So you are told its impossible to cash flow in LA. Actually you can, it just requires slightly more cash down. You can also try lowering expenses, although that might barely make a difference.If data from Zillow is co...
We have a guests coming next month from England. They have expressed an interest in shooting since they are really not allowed to over there. They say they have purchased travel insurance that specifically covers this...