Ive heard many times: "Rich dont sell, they leverage". Than a lot of other people do "Buy low, sell high" sort of thing...What is the benefit of never selling? Lets say you have a 100 year old house that is not in a s...
My husband and I want to purchase a 4plex as our first investment property (owner-occupy). I found a fourplex in my area, looked up the owner, and finally got his cell phone number. This guy is a multi billionaire, wh...
Sorry for the lengthy post, but I've run into something I haven't had to deal with in the past. Not sure if there's much else I can do, but wanted to post what's going on here to see if I'm missing anything.About a mo...
Hi guys!
I recently was given $10,000 from my grandma, as she has liquidated some of my Grandpas "toys" as he passed away a year ago. I have about 35k in student loans, with a relatively low interest rate (3-5%). I ...
Hello BP community,
Is it me or do the sky high valuations on homes seem similar to the run-up during 2006-2007? It seems like the market is due for a valuation correction, maybe relatively substantial (10-20%)? Eco...
Tenants of 7yrs leaves this month and is already requesting full deposit back. I explained that I had 30 days to do the accounting.
How do you guys handle these? It was like that when we moved in.That was from th...
And good idea to give them back to tenants. The problem is the city is requiring a depreciation schedule for all components, not just personal property either. These forms are so complicated that an attorney is likely...
Hello Everyone,I think it's time for a change.I really want to keep my post on topic. If you have questions or want to debate CAP rates, cash on cash, etc. please shoot me a message and we can go from there.A little h...
Alright, I really thought I found a good deal but after running some numbers turns out it's not even close! Like way off (i'm still very new so if you laugh just try not to choke). Here we go...So I found this deal on...
Hello all,
I have been investigating notes available from MLS and other sources, but am a bit reluctant to purchase a note that is outside my state. My concern is working with the borrower should the note become non-...