Phil Mcnally
$400k, 1 to 4 unit property with 1% rule. Anywhere?
Hi AllConventional loans for residential property cover single family, duplex, triplex or fourplex. If I want to maximise each available loan without going into jumbo loan territory ($424k limit) it would be ideal to ...
Tareq Salaita
The bubble is bursting and we're still investing
In my humble opinion, the bubble has started to burst and many of us including myself are still in denial. The national median home value is now $217,300, an increase of 8.3% on the year and 8.4% above the bubble-era...
Michael McLoughlin
PPR Note Fund
Had a good talk with Peter Neill at PPR yesterday and just wanted to reach out to investors on the BP community that have invested in the PPR note fund to hear about their experience. PPR's track record seems pretty s...
Chris Dawson
Kansas City Missouri Zip Codes
One of the questions I get asked a lot by investors who want to invest in Kansas City is, "What zip codes are good to invest in?". Any seasoned investor will tell you that this depends on several factors such as: amo...
Jay Hinrichs
Todays Jobs Reports on the news
If you saw the news this morning JOBs report is not as good as anticipated.I dont know about other parts of the country but when I went to a Panda Express to buy MIss Lori some lunch big poster for hiring15.50 an hour...
Nat C.
Fourplex crisis
This is the worst property situation I've had to date. I'm overwhelmed and not sure what to do. Any helpful advice would be appreciated. I bought this fourplex in December 2013. On Sunday a tenant reported sewerage ba...
Account Closed
Wholesaling business is for dishonest, crooks?
My subject is not direct, but a legitimate question.I recently got a prime follow up call for a prospect that could absolutely be wholesaled. Upon making an offer and coming to negotiating terms with the seller, I nee...
Shane Pearlman
The END of the Suburbs?
With an eye to the future, should we really be buying in remote suburbs, or is that like investing in VHS rental shop in a digital age? I’m seeing what looks like a massive urbanization trend.I am a buy and holder. Ot...
Greg Scott
Biden Eviction Moratorium
Today Joe Biden outlined his $1.9 trillion stimulus plan. Included was a proposal to enact a federal ban on evictions through September of 2021.
Talking recently with our attorney, he felt eviction moratoriums were ...
Russell Brazil
All Of My Tenants Have Nicer Cars Than Me
I was picking up the rent from one of my tenants tonight, and it occurred to me when they pulled up....every single one of my tenants has a considerably nicer car than me. Also almost all of my tenants (Except the one...