I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...

I just finished reading one of the most incredible and shocking articles for the real estate investing industry. It is about a "professional tenant" (read: dirtbag) who may just be the worst there is.

If you are a c...

Do I pay taxes on flips What do I do

So today while flipping channels, I came across a infomercial for Than Merrill. I guess he is in Chicago, so I watched it for a few minutes. He talked a lot about some "secrets" to RE success.

I have never ta...

I’ve educated myself. I’ve watched countless hours of YouTube videos and listened to the same amount of podcasts. I just finished a webinar course and I’m ready to take the dive.  I’m so used to the rat race that I ha...

Today I listened to (and very much enjoyed) Podcast #70 today which focused on buying properties "subject to".One aspect that I feel unclear about: How can a property be sold without satisfying the existing mortgage D...

Hello all,

If anyone could share their thoughts/experiences with evicting tenants for non payment of rent, I would be most grateful. I file for an eviction hearing which I will need to attend in 2 weeks and I am h...

Hi Everyone,Just Curious is anyone picking up property in Detroit? if so why? if not why?

My dream when I went off to college was to live for free, and achieve the American Dream of owning my own home. In 2007, I bought my first house in Tucson, AZ. I rented out three of the rooms and at 18 years old I was...

We put in an offer on a house this morning. The house had little activity on the RE sign in sheet on the counter and no offers as of this morning and has been on the market 11 days (not long, I know). But I find it ir...