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Many of us experienced folks on the forums the last couple years have been expressing concern about people being overleveraged and for strategies like the BRRRR method. Myself, @Jay Hinrichs, @Alexander Felice, @Joe S...
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I've noticed a steady increase in the frequency of unsolicited mailers I receive offering my buy my house ("why worry about repairs, we'll buy you house as is, all cash, quick close" etc., etc.). I take this as a sign...
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I'm fairly new to this forum. I poked around on here a few years ago. I currently have over 20 units. I'm a school teacher also. I have been doing this for about 15+ years. Does anyone have advice on who to talk ...
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I invest in real estate for fun, but it turns out I am pretty good at it. I have stopped investing in the USA and started investing internationally, but everyone single one of my properties performs. Part luck, part e...
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Just an introduction to help you help me: I live in Los Angeles, CA, and I am the Regional Manager for a marketing company. LA property prices are completely out of control, and the amount of bids a house gets just te...
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I got out of the stock market in 2009 after taking a $300k loss. Ironically, I had made about the same amount by actually predicting the crash and shorting the market at the top. I thought I could predict the upturn a...
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Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
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I was an investor in New Jersey, slowly building a small rental portfolio. I had flipped a house and a wholesale deal, and owned three rental properties. I had some ambitiously huge real estate goals, and buying one r...
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Hello BP !!! this might be a bit long but please read along and help out a fellow newbie investor. I am in the process of obtaining my first flip deal. The seller's realtor has been in the business for 20+ years, ther...
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Hello fellow BPs! As a new member this is my very first post on the forums; with many more to come I hope, I'd like to say hello!With all that I have been learning about multi-family rentals, I came across AirBnB and ...