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My wife owns a condo about in 2008. I married into this pig (the condo, not my wife) as we filed jointly last year. It loses about $500/mo after everything's said and done. Doing the taxes last year it wouldn't let me...
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Hello folks, at Brandon's encouraging I thought I would take a minute to share how BP has helped me both make money and be encouraged to stay in the real estate game during times I was discouraged.A few of the highlig...
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Hi all,My "real estate goal" is very straightforward - I am looking for an approach that can yield a 6%+ annual return with as little active work and time as possible, after a learning period (of up to 5 years).By 6%+...
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Hi All,
I’m not an investor yet, but I’m hoping to be one soon. I’ve been studying for months now and one question continually pops into my head: How do you implement effective business management systems in order to...
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This post looks at a somewhat newer investment philosophy/methodology, one that a lot of investors (and homeowners) are contemplating or embracing as housing prices and scarcity push some buyers out of the higher-pric...
Good evening everyone! I am looking for some advice on a loan using a gift of equity. Unfortunately my father's home will be going into foreclosure in 2 weeks and all attempted options for him to keep his house are no...
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CAN A BANK CALL GOOD/PERFORMING LOANS?IF SO HOW DOES ONE PREVENT/PREPARE FOR THIS, OR CAN THEY?I have always thought that if I am current on my bank loans the bank would not want to call the loan or foreclose on the p...
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Hello BP Community,If I were to invest in mortgage notes should I do it as an individual and I would hold the note, or through a corporate entity (like an LLC) and have that entity purchase and hold the note ? Thank y...
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I just finished reading this article:
http://www.biggerpockets.com/renewsblog/2006/11/25/wholesaling-real-estate-basics/
“If you end up not being able to sell the property before you are expected to close then you u...
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Hey BPers,
I've been chatting with an investor friend of mine who is learning the process of wholesaling notes. I love this concept because I understand wholesaling and note investing is a path I know I want ...