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Hey BP, I’ve been tasked with building a portfolio from scratch for a couple guys. When I built my portfolio I started in the suburbs and moved to some out state markets that have become my niche. The prices in the...
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So here is the scenario:First Lien is $150,0002nd Lien is $40,000FMV: $80,000Borrower is 120+ days late on both mortgages and is in Chapter 7 Bankruptcy.Assuming the Property Taxes + Late mortgages there is about $20,...
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Howdy I live in Lubbock and the city ordinance states no more than two unrelated people can occupy a house together. I believe most college towns have similar ordinances. I hear people all the time say you can get bet...
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I am looking for suggestions on how to teach children about investing in real estate. I have an 8 year old that I would like to raise with an investor mentality. I have read the Rich Kid Smart Kid book. We own and man...
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Anyone in West Palm Beach or Lakeworth have some local knowledge and want to meet up tomorrow?I'm from California I'm looking at a 16 unit and a 24 unit as an upleg property for my 1031 exchange.I have never been to t...
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Sorry about the long post. I think it is pretty cool though. I had an amazing portfolio going for almost 17 years and got hurt very deeply in the world-wide crash a few years back. It took a deep toll on me. I went...
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Not sure if anyone has any advice on this situation / is in a similar one.
I have inherited tenants and they were great about paying rent since I got my property. They paid on time for about 4 months. Then they told...
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Hello everyone,I am 23 years old and looking to get my start in real estate investing. I’d love some general tips on how best to navigate my situation. My main goal is to just get some skin in the game by the end of 2...
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So as the topic states I have a couple of questions about beginning my first dip into real estate:I live in Jersey City in the heights. So I want to know if the heights is a good investment to make given the steep 300...
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Hello fellow BPers!I'm a newbie investor who has been looking for my first buy and hold property for the past couple months. As I continue my search for the first rental, I am debating my overall strategy on how I sho...