I wrote an article for the BP Blog asking a question about real estate appraisers and what role they are playing in holding down real estate values: http://www.biggerpockets.com/renewsblog/2012/07/18/are-appraisers-pa...
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
I guess We are on the verge of a pandemic. stocks have already lost a considerable amount of value due to this virus. Thankfully I was able to sale majority of my positions a couple days ago to prevent any further l...
Hi guys. I'm in the process of purchasing a property, but I just realized it has negative cash flow when I factor in the maintenance and vacancies. However, I think one of the main reasons it has negative cash flow is...
I started my real estate journey 2 years ago and bought my first duplex fully rented. One unit ended up being a Section 8 tenant so I started Section 8 from my first day. This tenant has since had another child and mo...
If your thinking of starting to flip fixer uppers, buying your first buy and hold, or your just starting out in RE investment. It would be best to put those plans on hold for at least a few months. Just wait and see w...
Went under contract on a 5-unit office/retail property this past week. Was on the market for a year, few offers made but none good enough for seller to accept.Was able to talk seller into a lease with option (seller f...
Has anyone out there used the REO auction site HUBZU to purchase a property? They like like they have great deals but I haven't been able to get anyone from their customer service on the phone so I'm concerned that th...
Looking to make my first offer on a multi. This is an 8 unit, C-D class, concrete block in Florida. Half the tenants are section 8. Five tenants have been there for 10 or more years. One tenant has been there for 23. ...
Now that I have your attention, I'm open for suggestions as to how we avoid the inevitable.
I've been reading and studying up on the financial problems that keep growing here in the U.S. Here is an article that has s...