Just thought I would provide an account of my journey since I started investing in US property market in 2011 and more recently Detroit. Perhaps this can provide some inspiration/feedback for any wannabe foreign inves...
BL: Purchased HUD property Dec 2013 for $32k, rehab costs and expenses were$34k. thats 66k cash of my own money in the deal. The good thing is that I dont have any holding costs other than utilities and property taxes...
There are so many people and companies out there who claim to be wholesalers and many more newbies who claim to want to start out in wholesaling as a means to get started in the biz.
Let me tell you about a recent ex...
Hello BiggerPocketeers!In an effort to clean up the forums, we're creating an FAQ Forum, where the most-asked questions will be prominently featured, along with some really great answers.I need your help!Please take a...
I've been a landlord since 2006. Up until now I've never had to evict a tenant. I've had people owe me what I would consider decent sums of money however always treated those tenants with respect from our first inte...
The other day, I had an interesting conversation with the executive director of the Ohio Department of Commerce. He had called me in response to a complaint I filed against a broker who asked me not to make any offers...
Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
Hello Memphis investors - This is a quick bit of info to let you know about the Memphis Vacant Property Registry. It is a city ordinance enacted in 2013 to help fight blight in the city of Memphis. Basically, if you...
Hello BP members and investors. I am an Asset Protection Attorney specifically for Real Estate Investors. I see lots of questions on this topic about how to structure your companies and protect your investments, but n...
One of the things I always try to be conscientious to is herd mentality. Recognition of herd mentality and the pure luck of a well timed divorce kept me from investing in real estate in 2007 and waiting until 2008 wh...