Douglas Gratz
I dont understand how you make the numbers work on Class A RE?
I currently have 12 units all of which are Class C. My ROI for most is around 12-14% and CoC way higher but how do I make my strategy work for Class A Properties? When I buy a property the following has been my stra...
Jay Hinrichs
WIRE FRAUD CAR FORMS ARE NOW OUT>
AS we all know its rampant... I was just signing a sale contract on a CA flip we sold and there is now a CAR form that buyer and seller sign that delineates the risk and how to protect yourself against wire fraud.talk...
Dawn Anastasi
Most dangerous neighborhoods in America
Just read an article on this and thought it would be interesting to share. 1. North and Northeast Auburn Gresham (Chicago IL)Zip code 606202. Washington Park (Chicago IL)Zip code 606373. Northeast of East Atherton an...
Abdul R.
QE3 and Real Estate - Your thoughts
As you may have heard, today Fed annouced QE3 of 40B per month (i.e. printing press) with no end in sight. Precious metals soared instantly along with the stock market. I wonder what it means to the real estate market...
Nicholas Weckstein
I’m stuck at my current position
This post is me blowing off steam or seeing if I’m missing anything. I currently own a Triplex with an 85k note left on it.
I profit roughly $750 a month plus whatever the mortgage pay down is. I’m not complaining. ...
James R.
Tenant gets "Attitude Adjustment"
I sometimes have to give tenants, what I call an "attitude adjustment".Below is an email that I sent to a tenant. In her email, she talked about invoicing me for when she had to talk to the utility company. I sent t...
Sam Harper
LLC?
Having some trouble finding a lot of quality info on the business side of getting started. Do most of you have an LLC or something similar to conduct the business? Is that the right move? Tips and advice on what qu...
Imeh Esen
Investors doing poor rehabs for a quick sale
This is really bothersome but to be expected. I just cancelled a contract on a property I was planning to purchase because as time progressed we discovered so many defects on construction. Poor craftsmanship, lazy com...
Account Closed
Anyone buying in France???
Hello,I am an american living in Paris and I have recently started investing in real estate. I have purchased three apartments in the last two years (in Paris and Marseille) and am looking for more! I have learned a l...
Michael D'Egidio
How can Realtors help investors to see the bigger picture?
Greetings BP Brethren!
I'm newer to the real estate business, I've been a Realtor now for the last 7 months. I've closed 4 deals, have 2 current listings and a whirlpool vortex of buyers... and half of them.....