Chris M.
In a really tough spot - uncertain what to do - advice needed
Hey guys, so we have a closing scheduled for this coming Monday, and I need to wire $24,000 to the closing company for this house today (Friday) to have the funds reach on time for the closing. This will be my first h...
Bill Gulley
FIXING DODD-FRANK/SELLER FINANCING
I'd like to get ideas from BP members on the topic of seller financing under the new laws.
Not looking for smart comments from several we already know don't like the changes but here's the fact:
It's th...
Henry Clark
Self Storage- Subdivision as Collateral
We have continued to grow in the last 7 years with our Storage business. We are now up to 8 locations. Most are at 100% occupancy. 4 have land to expand, and we will next year. Focusing on our last locations 7 and...
Russell Brazil
Be Greedy When Others Are Fearful
Be Greedy When Others Are Fearful – A Lesson From The Financial Crisis
“Be fearful when others are greedy; be greedy when others are fearful.” – Warren Buffett
There is a lot of fear in the market place right now. T...
Trevor Lohman
Is Southern California really that bad?
Hi everyone,
I'm a new BP member living in southern California. I haven't quite found my niche yet, but I find myself being really drawn to the buy and hold type of investing.
It seems like buy and hold...
Wendell De Guzman
How to Get Money For Your First Deal
As an experienced real estate investor and now also a private lender, I often get asked the question: "If I am a newbie and lenders don't want to lend to newbies, how can I get money for my first deal?"
Looki...
Karen DiNapoli
Out of State Investing - need help finding a good location!
I live in Los Angeles and completely priced of this market. I'm having a hard time finding a good out of state location. My friend lives in AZ and suggested Downtown Phoenix. She said there are several districts there...
Jon Klaus
5 $150K properties or 20 $32K properties?
Bill Gulley posted in another thread that he'd rather have "5 150K properties than 20 32K properties, all things considered. Generally, less maintenance, less management efforts, fewer collection problems, less vacanc...
Alexander Churchill
Should I pay off my property
What’s up BP,I’m 24 (25 next month) just closed on my second buy and hold multiunit rental last month.Around this time next year I’ll almost certainly be in a position to pay either property off while stillmaintaining...
Daniel Ortiz
Best Towns/Cities to Invest in MA?
Hey Everyone, Interested to hear where people in Massachusetts have decided to invest and why?Dan