Hi BP!I've been heavily investing in RE for 2+ years and I often try to extrapolate the future based on my basic experience. The latest of those extrapolations is to calculate how much net rental income is needed to s...
I inherited a property that is in the process of being sold. Once the deal closes at the end of the month I am looking at paying off all debt and have the opportunity to continue investing in real estate in the sum of...
Hey BP,So say I was to purchase a non-performing note, and ended up having to foreclose on the property...What would be the ballpark costs associated to execute the foreclosure? Would it be roughly the same as when tr...
really curious to know what your response is.
i'm a NOVICE investor. i just purchased my second home last monday and rehab starts this week. i made a cash purchase and will also pay the rehab cash. then i intend to ...
The community has offered amazing advice on my last 2 threads. I had to post again. - Self eviction? Convincing someone to leave? Cash 4 keys offer? Changing locks after they haven’t even been living in the home for a...
Warning - this may be a long post - I will try to section it off. I have an on/off relationship with RE as I've always been drawn to it and always screwed it up - and then listened to those in my life who told me tha...
Hi Everyone! I’m new to RE investing and hope to get some advice from local experts here on the best way to do house hacking or rental investment in Pasadena.
Why Pasadena, you ask?
My current job is in DTLA, so t...
Hey All,
I've become interested in the idea of a self directed IRA as I'm growing increasingly put off by my Edward Jones dude trying to convince me that a 6% rate of return is awesome. I'm also looking into the pro...
I keep hearing about how the rich file bankruptcy not because they are in trouble but as a strategic way to build more wealth. For example Donald Trump, Rich Dad's Robert Kiyosaki, 50 cent, Henry Ford even Walt Disney...
(Wholesaling question)When crafting a purchase & sale agreement with the seller, how much of an EM deposit is customary to put down in order to tie the property up so you can flip it to the end buyer? Also, if you...