Steven Story
An investor in the Inland Empire but not investing in the IE...Whaaaa?
Hi there Inland Empire investors. My name is Steve and I actually live out here but I am not investing out here...yet...I'm looking at markets in the Mid-west but would still like to talk to and network with people o...
April S.
New at Wholesaling and NOTHING is working....
I'm totally new to Wholesaling and I have heard it was a challenge, but I just spent over $400 at yellow letters.com and listsource.com for direct mail marketing, I'm putting up bandit signs, I'm driving for dollars, ...
Wes Burk
Why should a seller short sale?
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...
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Andres Piedra
Tenant paying full year rent in one payment
I have an applicant who has just ok credit (average) but had a few late payments on last lease due to something or other. He told me a story, but I generally don't invest in "stories". However, he said to make up for ...
Mike Nelson
Possible to get Hard Money with no money down??
Ok so i'm ready to get my first rehab underway, I've done enough research and it's about time that I pull the trigger. The only thing that holds me back is "MONEY". I don't want to use my own and the only way to go ab...
Account Closed
Hi I'm Andrew, a kid that's building a shipping container complex
My name is Andrew VanCura. I am a recent college graduate from Illinois. I am 22 years old and ready to create the vision that I have dreamed about for years; a shipping container apartment building. I have done years...
John Teachout
How are you buy and hold investors resisting the urge to sell?
We are buy and hold investors primarily seeking cash flow that we live on. We typically buy SFR fixers and do some "forced appreciation". Our portfolio is still in the growth stage and we would like to acquire a few m...
Walt Payne
BP has many great blog posts, BUT ....
A recent blog post really, really struck me as bad advice. http://www.biggerpockets.com/renewsblog/2014/10/08...This is not the way we want investors to be representing us, and definitely not the kind of advice that t...
Linda L.
What you should be concerned as 1st lien holder if there's 2nd loan?
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...