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Hello everyone!
This is my first post and excited to be part of the BP movement! My life was turned upside down exactly 2 weeks ago when my wife said that she will be getting laid off in the next 3 months.
Inst...
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At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...
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I am interested in buying a 4 unit Multi Family Property in Los Angeles. I would be purchasing this property with a partner. I own no other units and would be occupying the property. I would like to take possession of...
I am terrible at understanding ROI. In my bottom-line thinking, there's either profit or there is not. Assuming I'm using my own funds, I understnd there's ROI when I buy and sell, but how do I figure ROI when I add...
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Should I waive the late fee and accept partial payment for a nurse who works for the government? She “said” her hours were cut at work durning the shutdown, however she never missed a check while the government was sh...
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I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...
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Hello all...my friends, haters, new people,...everyone:)I often get comments on other threads about how I "hate" etc....so here I am...posting in the unlicensed broker forum! Here's what I tell new people about invest...
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I'm excited. The seller has already stated that he would entertain a Master lease.
After walking down the property and neighborhood I decided that this was the perfect storm for this strategy! A subrenting bu...
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Hello BP. It seems as an eternity since I embarked in this Real Estate investing adventure we share. I decided to go the buy and hold route.I will tell the tale of what seems like the longest coming rental check ever....
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Hi,I’m starting this conversation to know more about both Markets. I’ve been told many people call Toledo little Detroit but i don’t know what that means. From my research both Toledo & Detroit favor cash flow ove...