Account Closed
Should I file for bankruptcy?
A couple disclaimers before I start:If you look through my profile and previous posts, you'll see that I am young (just turned 22), and also may believe I don't have the right mindset or maturity yet to start REI. Thi...
Mike Cartmell
Option Exercised but low appraisal
My tenant buyer has exercised their option to purchase but the appraisal came in low. I do have a clause in our contract that states I have the right to sell at the appraisal price but I am wondering if I am still ob...
Michael Culler
War! What is it good for?
First of all, I appreciate the men and women who choose to serve in the armed forces for our country. And I do not mean to offend them in any way, but instead try to gain insight in some questions that I have.
Why d...
Leonid Solomonik
Buying properties in FEMA flood zone
Hi everyone,
Has anyone dealt with purchasing properties in FEMA declared flood zone? Any word of advise besides additional expense on flood insurance. Many properties in CO got flooded last summer and were c...
Anthony Williams
Contract assignment
Can I assign a contract on a property that has an existing mortgage on it? Its not in foreclosure yet.
Heath Watson
7.62 Interest rate and SO MANY POINTS
I recently had a real estate agent bring me a deal on a duplex that is
off market. 2 bed 2 bath brand new hvac, blown in insulation, new
windows, new siding. One side interior not completed other is ready to
go....
Michael Cross
How did David Greene increase BRRRR Frequency?
I have been re-listening to David Greene's BRRRR book for the umpteenth time. I am currently doing 2-3 BRRRR deals per year with the same money. We held some and sold some after a couple of years of BRRRR. I noticed h...
Marlon Lacayo
How to invest in-front of a looming real estate crash?
Hello, everyone!I'm a new investor that was keen on getting into the real estate market in 2021. As I'm reading more and more I'm seeing a pattern of belief that we are headed toward a real estate crash. Unemployment ...
Michael Evans
Pre-Construction Flips
I want to get some feedback on an investment strategy I used in 2003-2005 that I call the "pre-construction flip". It works like this:Identify high appreciating markets (greater than 12% annual)Identify home builders...
Ryan R.
Buying 2nd investment property..
My question is about the 20% down for obtaining my second investment property. I have the cash, but I don't believe it to be wise to put down 20% if I am purchasing a property that already has 20% equity.
My current...