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Have been writing multiple offers on mostly reo properties and still have not gotten one accepted. I am not even trying to hit a homerun, but they must pass the realistic 70% rule. I am paying cash but that doesn't se...
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Folks - When buying from turnkey provider, if the appraisal comes lower than list price, is it still worth buying the property if the other numbers make sense?
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Just wanting to point out the importance of analyzing repair costs before buying for a buy and hold. Assuming 50% expenses and spending the rest on PITI can get you in trouble.
In the last 5 yrs my duplex has average...
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Every day I spend some time in the morning getting up to speed on the latest state of the real estate market by reading various news outlets, listening to economists, looking at data around inflation/inventory/rates, ...
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Hello Bigger Pockets, First Post! Thanks for such a wonderful resource!Question: Is buying a house at retail really that undesirable?I’m speaking in the context of buying a house for long term rental income, not flipp...
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Hello investors in CA,Just wondering, how are you guys getting cash flow after so much investment and most of the rent goes to mortagage itself.I live in corona, average home price is $570K and rent will be approximat...
When you are considering buying pre-foreclosures (that's what they are called before the auction) you have to have some money to bring the loan current, give moving money to the seller, pay closing costs and make paym...
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Mine is foreclosure filings and REO sales.Let me explain.In 2007, I was working on 20 shortsales and a business partner of mine was working on about 40 shortsale cases. None of the shortsales were accepted. This was u...
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Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...