Amanda Moore
Feel like giving up!
I have been at this for a solid year with no success. I sink $850 per month in direct mail campaigns. I drive for dollars every weekend. I have great investors, but nothing to give them. What am I missing?I've bee...
Mo Farraj
With so much debt involved - when do rentals finally pay off?
Hello BP Community,I've been listening to podcasts, and reading all about rentals for the last 6 months. Now I had a quick question from all of my readings. What tells you a deal is worth your time? Looks like most of...
Federico Morales
Rent is not as much as a mortgage would be
Hello guys,I am curious if anyone else has had this experience: I have a property (SFR, 3bd/2bth, 1300sf, recently remodeled) in the Sunol neighborhood of San Jose which rents for about $3,800 per month. Now, if I tak...
Han Oh
Buying a 2nd lien note with owner in bankruptcy
I am in contact with a 2nd position private lender who is willing to sell his note at a small discount. The property is in California, the sale date is scheduled for mid December and he is the foreclosing lender. Ther...
David Kenny
First time screening tenant, please help!
Hi Everyone,I have a potential tenant who has a 529 credit score, and 6 accounts in collections ($4k total). They earn 3x+ in income, no felonies, no evictions.The credit score would normally mean I would deny the app...
Brendan M.
Ramsey and Kiyosaki Are Wrong: Why You Should Finance Depreciating Liabilities
Most personal finance pundits will tell you that if a purchase does not produce income and depreciates, it's bad debt. They'll also tell you that you should avoid bad debt wherever possible, buying things like cars up...
Joanne Tsai
tenants moved out without notice during lease term
Hello BPers,
this property is in TX. Tenants moved out on Nov 30th, and sent an email to PM saying they moved out after purchasing a house. Their lease doesn't end till the end of April 2022, so they lived there 7 o...
Joshua Andrews
"Subject to" question regarding NPN's
I'm a little confused about the term "subject to" when it comes to non performing 2nd mortgage workouts.
I've been learning about various workout scenarios possible with non performing 2nd mortgage's and I se...
Jason Lee
When exactly is the 'right time to buy'?
So i've read through the BP ebook and other books related to real estate. Most of them say that the right time to buy for an investor is when there is a lot of inventory and when the prices are low. When exactly is...
Patrick E.
Paying off mortgage?
I was wondering if anybody that buy and holds a house if they ever use the positive cash flow to pay off a house faster?? Is this a good startegy?
Lets say you pay it off faster then you get all the rent the tenants...