Wendell De Guzman
How to Get Money For Your First Deal
As an experienced real estate investor and now also a private lender, I often get asked the question: "If I am a newbie and lenders don't want to lend to newbies, how can I get money for my first deal?"
Looki...
Harry Williams
22 Showings with no offers. What do I need to do?
My first (stressful) flip :)The house is a 1,875sqft 4br/2ba with a front yard, back yard, carport, porch and back patio with built-in firepit. Comp average days on market is between 36-43 for this area of town.My hou...
Robert M.
Oregon, first state wide rent control
Well, its a done deal. Oregon just sent an ominous message to real estate investors. We are now the first state to incorporate mandatory statewide rent control with relocation fee's.What do you think this will do to t...
Lorilyn B.
Tax Deeds in Texas
Hi all, this forum has been very informative so far and has put a few of the pieces together for me. However, I am in need of some clarification. (I hope we aren't limited on the length of posts :) )My questions are s...
Nathan Yarnell
Agent said not to worry about cash flow and consider tax benef
So I recently was sent 2 possible duplexes to purchase from an agent I trust. I ran the numbers using the basis Brandon lined out, and the properties comes out to a negative monthly cash flow by about $175 per propert...
Peter Vekselman
Success Rate in Real Estate...Shockingly Low
If you had to guess, what is the success rate in real estate investing? Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...
Account Closed
What's with Contractors that will not answer their phone or return calls?
So I am looking for a new general contractor and/or subs to make sure I have a back-up and a back-up to the back-up if need be for my projects that need rehab.I vet the ones that seem like a good fit from as many reso...
Tiana O.
How did you get your first 10 rental properties?
Hey BP Fam, do you remember your first 10 rental properties? As a newbie REI, I would love to hear more about your experiences starting out. I've set a 10 year goal for myself to acquire 50 rental units. As a shorter ...
Dustin Beam
Deposit returns for inherited tenants?
Hello Beautiful people of BP,So I had 3 tenants vacate at the end of last month. One was evicted, so no deposit return there, the other two left after their leases ended. One of the two left the apartment disgusti...
Timothy W.
Things I like about Obama
In an effort to be real, honest and fair, I will admit I can think of 3 key things I like about Obama.
1. Credit card reform legislation. This was smart and is, for reasons I don't understand, an underplayed bipart...