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Hi thereI came across morrisinvest.com the other day after listening to Claytons podcast. The whole idea sounds really reasonable, but I still would like to cover all my bases. Does anyone have any experience with the...
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I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
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Why have you not sold, refinanced, or 1031 exchanged your pricey RE for more cash flow? I did and went from $50,000 cash flow to my current $120,000 cash flow and in 2 months moving to $160,000 cash flow. Would you h...
I am not sure there is really a good thread here in BP which address this question. I know there are many blogs but those do not provide expanded conversations around the idea, IMO. If you are a seasoned, new or pot...
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I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
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I recently (...like an hour ago :mrgreen: ) went through this thread exploring the old argument between the cash flow guys and the appreciation guys.More specifically MikeOH and Nationwidepi (Mike and will) and off co...
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Some people came to see the house today. They seemed pretty nice to me on a personal level. However, they said they couldn't come up with the rent and deposit until March 1. At least part of their income comes from Di...
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It's the little details that count...so, I'm wondering about the process of putting earnest money (if I need one) down on a property.
1. Do I put earnest money down before or after the contract is signed?
2. Do titl...
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I purchased a 4-plex last December. I'm finally to the point of organizing my business finances. I've purchased Quicken Home Business and Rental Property to do this. My two goals are to 1) make it easier on my CPA ...
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Just wondering if this would work...
1. I have end buyers with cash lined up who want REO from 30k-250k.
2. My part is that of the investor, finding deals, getting them locked up with a buyer contract, then either q...