Andrew McGuire
I'm Buying Negative Equity Properties and I'm Excited About It
I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...
Ken Rishel
Lonnie Deals - Then and Now - The original method won't work
First of all, I believe Lonnie Scruggs, was a great man who, while he did charge for his knowledge, made a whole lot of people a whole lot of money. I would never try to take that away from him.
Second, throu...
Edward Damhuis
Cap rate... I don't understand you.
I know what the definition of a cap rate is but for some reason it's not sinking in. Can someone please elaborate just a tad for me?
Brandon Turner
Illegal multifamily... am I going to Jail!?
Ok - i'll admit, the subject line of this post is a bit sensational. I'm not going to jail. Not for this anyway. (But maybe for my killer dance moves.)But here's the question i'll pose to the BiggerPockets crowd. (I'...
John Pruner
Deal gone bad, need advice please
Hi,I came into contact with an Atlanta rehab/investor named Andy on BP in Feb or Mar of this year (2014). He had a house for sale in Altanta that needed some major rehab work (about $15k). The house was not in a great...
Drew Y.
Its beginning to feel a lot like 2005 everywhere I look
So I have been watching the interest rates as they have begun to rise and the notional value of risk free treasuries and ten year treasury bonds are approaching 3% . Given that the CAP rates in the San Francisco bay a...
Adam Haman
"Retiring" at 33. Too early?
Good afternoon!I'm a Realtor and RE investor here in Denver feeling burned out after a 5 year push. I've made decent incomes for the past 5 years (80-120k), and invested more than half of it each year in the best, new...
Katie Miller
Official: Buy & Sell Your BPCON Tickets Here!
If you're SELLING a BPCON ticket, please reply to this thread with the details including your sale price.
If you're BUYING a BPCON ticket, do not purchase for over the regular asking price: We aren't yet sold out so ...
Alfred Bell
What do you want Mr. Notebuyer?
I'm going to sell a condo down in Palm Desert California that I fully remodeled. I want to sell it with owner financing to facilitate a fast sale (lot of inventory in the desert and market time is VERY slow). Asking p...
Bill Gulley
FIXING DODD-FRANK/SELLER FINANCING
I'd like to get ideas from BP members on the topic of seller financing under the new laws.
Not looking for smart comments from several we already know don't like the changes but here's the fact:
It's th...