Richard S.
New Jersey Rent-to-Own / Lease Options
Hey everyone,I'm intrigued at the idea of offering prospective tenants/buyers my single-family homes with a lease-option or rent-to-own scenario. I don't know a lot about Dodd-Frank yet, except that it definitely appl...
Tyler Condon
In escrow and getting really cold feet
Put in an offer at list price with 3% seller concessions and furniture included. With the concessions I am able to cover closing costs and get a 2 1 buy down. So my monthly payment for the first year is approximately ...
Ken Nyczaj
Scrub walls to remove smoke damage
Hey Everyone,Just closed on my first flip in Maryland. The seller smoked heavily in the property, house is 1250 sq ft and is a rancher style. I was thinking we needed to remove carpet, scrub walls, and then prime, but...
Chris Plemeris
Condos- Good for rental properties??
Hello-New to this site, but have eard unbelievable things and excited to get going. Was wondering about condos. It seems like, for the time being, they are the last affordable thing in growing and popular cities. Do p...
George Gammon
Adjustable Rate/Ballon Payment Crisis Ahead?
Below is a chart of the interest rate on the 10 year going back to 1880. As we all know the 10 year is a reasonable benchmark for mortgage rates. In other words, or what matters to investors, the 10 year determines ...
David Zheng
Downturn Scares? Preparation?
So theres a ton of talk about being over leveraged, a downturn or correction is coming, etc etc. Well, I'm pretty leveraged. It was the only way to succeed without a 350k/year 9-5. brrr over and over. So correct me if...
Patrick Culleton
Would you negatively cashflow on a SFR?
Hey BP Nation!if you could rent out your primary residence, but would negatively cashflow approx $200/mo to do so, would you do it? Is there ever a point where the cashflow loss "makes sense" for you? Specifically, I ...
Timothy W.
Biden, "Obama Administration misread the economy"
Apparently the teleprompter didn't make the facts and figures clear enough.
http://www.sfexaminer.com/politics/49982712.html
Thank god they figured out they were wrong after t...
Will G.
Do rents ever go down?
Seriously, everyone around here invests like rents are guaranteed to go up forever, do they?Has anyone ever experienced a declining rent environment? what caused it?
Brandon Turner
Landlording ain't always fun... (photos of the FIRE included)
So, this post is NOT meant to scare you, newbies. But... this is gonna freak you out :) This tenant is in the process of being evicted. To make matters worse, he lit his kitchen on fire; accidentally, supposedly. Anyw...