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I just wanted to share, about 6 months into my search in earnest and I have successfully closed on my first 4 plex in Des Moines, IA, hopefully many more to come!
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I’ve been talking to a number of Realtors who all have one thing in common, they try to convince me to consider a FHA loan versus a HML. The kinds the have offered are FHA 203k loan and the Conventional Fannie Mae Hom...
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No phone or internet or pre-auction bidding permitted. Needed 100% of purchase price on the spot to be paid in full within 10 minutes. Rules of the auction no cash, and no personal checks. Preferred payment was cer...
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Hi guys,
I'm a investor In Oakland county, Michigan (North of Detroit)
I have 36 rental units and on the units that I manage myself I give my tenants a deposit only ATM card ( Bank of America as many as you want...
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Hello all:
Got a potential note seller wanting to sell one under these circumstances:
Approx 74K face value
7% interest
Balloon due 1.1.2012
Note holder has not called note.
FMV of RE securing note is approx. 80K.
Ask...
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TENANTS FROM HELL #11Car Fire From Hell.Running one of the largest rental portfolios in the Cleveland, Ohio area I have managed 1,000's of properties & dealt with countless tenants. In short, I have seen it all. F...
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Hello everyone,I just purchased my first rental, made it through the screening process, have a move in date set for a qualified tenant, and am wondering about what kind of documentation I should be preparing, and in w...
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Hello BP community. My name is David Hayes, my day job is currently Mechanical Engineer/Project Manager for Procter & Gamble and I'm moonlighting as a real estate investor (and photographer...but that's anothe...
23 Housing Markets Where Prices Have Fallen
So, which California cities are experiencing a drop in home prices?
We’ve mentioned a few of them above. But that’s just the tip of the
iceberg.
The list below is base...
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I'm just curious what other investors prefer and why. Some of my local gurus are recommending that long term loans (mortgages) are better because they get more of the profits right at the start rather than waiting for...