Abdul R.
QE3 and Real Estate - Your thoughts
As you may have heard, today Fed annouced QE3 of 40B per month (i.e. printing press) with no end in sight. Precious metals soared instantly along with the stock market. I wonder what it means to the real estate market...
Jestin Sorenson
prospective tenants with high debt to income ratios
I have a couple applicants that are married with a newborn baby. She plans on staying home with the baby. They both have mid 700's on the smartmove application, which I think is really good. They both are college educ...
Christian Belleque
Need a quick analysis PLEASE!
Hey everyone, I found a duplex that needs some work but is in livable conditions. One unit has 4 bds, 1 bath. the second has 2 beds and 1.5 baths. Unit 1:4 beds 1 bathroomRent=1450/monthUnit 2:2 bed1.5 bath. Rent=1150...
Stephan Kraus
0% Seller financing - for WAY MORE than the property is worth? 🤯
Ok so this is probably not going to be an easy read, and i primarily write this down to make sense off my own thoughts, but i thought why not let a few of the great BP minds participate and maybe together find a satis...
Bienes Raices
Mortgage was sold to Ocwen--what to expect?
The mortgage on my personal residence was just sold by GMAC to Ocwen. I'm pretty nervous because there's tons of horror stories on the web about Ocwen (saying the payment wasn't sent in when it was, and many other mis...
Courtney M.
For those focused on BRRRR...
Can you talk about in what condition you are buying properties, and how are you buying them?I really want to go down this road for my next investment but it seems a lot of the properties I see that would be "BRRRR-abl...
Christopher R.
One LLC or Many LLCs?
Hi! I would appreciate suggestions about forming LLCs. I plan on doing most buy and hold investing. I will buy single family homes and rent them out.Should I form one big LLC for everything? Or should I form one LLC p...
Greg R.
1) Alarming amount of foreclosures? 2)Housing market SLOWING down
https://mortgageorb.com/forecl...Foreclosure filings are up 132% from a year ago. Yes, one hundred thirty-two percent... and the housing market is showing signs of slowing. On the first point... I'm wondering if the c...
Adam Tafel
another "poor millennial can't afford a house" article, critiqued
Article:https://www.wsj.com/articles/your-parents-financial-advice-is-kind-of-wrong-11568367000?mod=e2fb&fbclid=IwAR2XL4axyaQpo43fAkn_Q_fWBU3GiHJ9_K6t5c8G6rMnPCfed1KBBXIVhToResponse:Let me set the scene to save yo...
Lisa Hoyt
When should you lower rent to attract qualified tenants? Ever?
Background: My sister lives in MA, has owned a 2 family house for many years. Our mother lived in the apartment for 17, when she moved out sister used a broker to find tenants (when they had to leave - student visa e...