Dan Floyd
How bad is foreclosure?
If someone paid 500K of a 600K loan and then forecloses, what do they get back? What if they paid 100K towards a 600K loan?
Do they get fined for foreclosing? Can they continue the same loan with how much they put tow...
Tony Roddenberry
How to buy property at a tax sale in Georgia
Looking at my local paper I found several properties listed under the "tax sale" portion of the classifieds. I have had people to tell me it takes up to a year to get possession. If you have bought a property through...
Jason Rosenbaum
New to investing - looking out of state
Hi BP community!
I am new and looking to get started in buy and hold with as much cash flow as possible. I currently have a full time job and am an active RE agent on the side (nights and weekends) in NYC, so this wo...
Nathan Oakes
My uncle has a deal for me. What do you think?
So my uncle has a friend who has a house that is for sale in a lower income residential area for $15k. The whole inside of the house needs to be gutted and redone and needs a back porch and a couple of windows need re...
Leroy Feireira-shearin
First Deal in the Book
Investment Info:
Single-family residence wholesale investment in Mount Penn.
Purchase price: $25,000
Cash invested: $50
Sale price: $30,000
First Deal in the book done , thank you for all informa...
Stephanie Peterson
When to do a 1031 exchange
Hello All,
I have a rental property (cabin) that does well, but it has some overhead that I want to get away from. HOA fees, propane fees and the location could be better. This house is also at the point that it ne...
Ryan Munson
Dilemma: hold or sell in Austin
I recently accepted a job in the Katy/ Houston area that starts next month and am debating if I should sell or rent my house in Austin. Here are some data points180k is owed on the homeMortgage: $975 (P:$220/ Interes...
Luke Anderson
Help getting out of a bad deal
I own three properties. One (the one I have had the longest), is a loser, and has been for a long time. It currently costs me around $1,000 just to own and operate while it is at full occupancy. I have thought about d...
Lisa Henrich
Single Family Rentals and Cash Flow
What is the best method for finding single family rentals that cash flow? And, what is an acceptable cash flow for a SFH? $100/mo? $200/mo?
Joshua Dorkin
Baseball Predictions
The Baseball season is soon upon us and I thought we could make our pre/early season predictions for who is going all the way this year . . .
My guess: Mets vs. Red Sox
Mets take it in 6 games