{Numbers included}You've heard it before: in 2007, my husband and I were young and naive, and desperately wanted to purchase our first home. Not only did we pick a neighborhood that we didn't know well (which turned o...
Hi everyone,
I would like to share a story of success and failure. The first flip I ever did I made $65,000 and was riding high. I was on top of the world. That's when it all fell apart.
I listened the realtor t...
Hello, I personally don't see anything wrong with it, but I've heard many investors are seen as greedy and people who prey on distressed people. Any thoughts?
So I bought a old 1900s house and completedly transformed it to an amazing property. I have a ton of money into it and the plan was to flip it and walk away. Lately I have decided to get into the senior housing and br...
I currently operate lake front vacation rentals, and am facing a potential "special assessment" from the property owners association. They're attempting to assess me and several other property owners that rent their l...
Hi BPs,
I bought my primary res in Nov 2010 for $125k, I came to closing with $31,744.99. Zillow says it's value is around 200k. I still owe $83k with mtg of 480$. No escrow.
I moved into my now husband's propert...
How are we doing here?We Bought 2 matching Duplexes in Feb of 2014 and paid $332,000 (+ closing costs) for both of them.They needed approx $37,000 ($18,500 each) worth of rehabbing and were occupied with tenants pay...
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So i have a couple properties i payed for with cash out of my own savings and another i payed for with a primary residence line of credit. What are the advantages of using your own cash or going to bank and having lin...
We recently had a deal go south, which was disappointing enough itself, but as I’ve been reading the forums and listening to the podcasts, I feel like a big ignoramous when it comes to REI. It’s made me realize that ...