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Here's a report from CNN Money on flipping houses that continues the trend of media and government negativity on the housing situation:
House Flipping
Pay special attention to the reporter's remarks about flipping pl...
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So this is a subject that I’m very interested in and I’d love to get everyone’s opinions.What do you think about mandating Finance class for grade school children? I’m not talking about making them take it one year of...
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What would you choose - a 20% cash on cash return in a decent neighborhood or 35% cash on cash return in not the best neighborhood? Everything else being equal.
If you could also explain why you would choose one over...
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Hello BP,
So there is a home that I looked at today that is available for lease. It was shown to me by a property manager. It looked like a classic case of someone who accidentally turned into a landlord....
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I’m consistently asked if I am a “private” landlord, or whether or not I own the property. While I never volunteer the information, I don’t lie when asked. Why is it important to tenants to know if I own the place or ...
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Some questions that get posted in the forums have no "right" answer, but rather just different approaches. In other cases there is a clear right and wrong answer. In those cases where there is a clear right answer, wh...
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We have an investment property that we bought in 2004. We had an adjustable rate mortgage, so we refinanced in 2006 to a fixed rate, because we were to afraid of what the rate would be if we waited longer. We have a f...
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Hello BPI’m curious how members in different regions have tailored the 1% rule (especially charlotte, but anywhere really). Looking relative to some of the properties I’ve seen in the area, 1% seems difficult to attai...
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I met a wholesaler in my area last week,he had what I thought was a good deal on a house until I had a preliminary title search done and found out the house had lots of liens and back taxes on it.Would any member of b...
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I wanted to put this out there to my fellow landlords that we should check on our tenants right now. The school closings could be devastating to some especially single parents with young children. I say this as someon...