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Just received news that I am not permitted by the city to purchase another property due to the affordable housing covenant im contracted under. Not the news I was hoping for and this will severely impact the financing...
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I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...
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Remember that guy? He was on TV all the time. He talked about buying houses and making a fortune. He never talked about tenants, repairs, evictions, problems, etc. I wonder what happened to him. I know that Tom Vu wen...
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Here's a report from CNN Money on flipping houses that continues the trend of media and government negativity on the housing situation:
House Flipping
Pay special attention to the reporter's remarks about flipping pl...
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Hey Everyone!BiggerPockets has been invaluable to my success as a real estate investor, so I just wanted to share what's possible with real estate if you set goals and follow through with your plan.A Little BackstoryI...
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It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
A humorous tag line but a series topic. Ā (grab a soda, this will take moment)One of the things that I like most about BP is the ability to come here and talk at varying depths about something that I am extremely passi...
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TLDR: Over the course of a 3-year relationship with Memphis Invest, I had multiple negative interactions and moved my portfolio to a different PM.
I am in the Air Force and move every 2-3 years. Iāve always been inte...
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It's my honest opinion thatĀ "Bob" Kiyosaki is nothing but a clown in the financial porn circus.Ā Perhaps, I gave the climactic ending of my message ahead of time. Perhaps.After many references in the podcasts, I decide...
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My plan is to share my journey with Bigger Pockets by making posts detailing every big milestone I reach in my Real Estate Investing career.Part 1 can be foundĀ here.Part 2 can be foundĀ here.4 unit in Las Vegas, Seller...