Situation:My mother owns a house in Illinois in the country and has no mortgage or outstanding liens against it except 1 year of taxes that someone someone bought in a tax sale. She was injured in her 30's and now rec...
Hello All, Any strategies on how to approach making additional payments towards rental property mortgage? Monthly extra payments?Lump sum payments once a year?Start a high yield savings account, CD, money market and u...
Hello all I am new to real estate investing and I have a question . It's probably better to give a scenario first. Let's say I compile $500,000 of investor capital to begin flipping and wholesaling. I buy one ho...
Hi Everyone,A family member wants to invest money with me on a flip property. The only thing is he has only cash to invest, he does not trust banks. Is there anything I have to worry about if accepting cash? It will b...
I'm very tempted by a bank owned property being sold through auction.com. What risks am I taking on the title issue buying this way? Would you pay for a title search? Why or why not?
Hello all,Unless I am just not putting in the right search parameters, I am not finding any posts regarding the possible implications on the housing market in the very possible scenario of our country entering into wa...
I've purchased a couple investment properties but I still rent my primary residence. I keep debating whether I should buy or rent my own place. I live in Miami Beach where prices are going through the roof. Most of th...
Hi,I just made an offer on a turnkey rental property (duplex) in a rural town. It is recently renovated, and fully occupied. It will cash flow immediately. My offer is significantly less than the listing price. Read b...
Hello everyone at BP! I have been a member for a little bit but I walked off the face of the earth for a little bit but now I'm back! Haha. Quick intro about myself: As the title says, I am an active duty soldier stat...
I own two C-class properties, no mortgage. The repair bills are high and the tenant quirks can be irritating but on average these properties cash flow positively. Many look down on such types of properties but every...