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Greetings all! I'm newer to wholesaling and have been "all in" for about the last 4 months or so, trying to get a first few deals going. I've consulted this forum many times on other issues, but can't seem to figure...
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I need advice or someone to talk me off the edge of the cliff. My tenant had been one month behind in rent since August of 2014. I realize this is my fault for renting with a heart instead of a business purpose and ...
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Hello, Anyone has experience using REPS status via their wife or husband to offset W-2? MY 2024 W-2 will be more than $300K and this year (2024) I married a real state agent. I have been reading a lot and educating m...
Hello,I am looking to choose a market to start diving into. As I know it takes quite a lot of work to set up a BRRRR operation I would like to start by picking one market to work on.I will be working out of California...
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Closed on 25 acres in Belize 2 weeks ago. Property:20 acres of 12 year teak. 5 acres of cleared hill. Water and sewer about 200 yards away. 1 mile to the main highway. Great 360 degree view. Great cell reception...
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I have had various feedback from praise to criticism on the model I use as I invest in real estate. I base a lot of my model on the opportunity I wish I had at the beginning of my real estate investing career and part...
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Fannie Mae and Freddie Mac are searching for methods to open homeownership to low income borrowers. (This is not for investors) There is a trend to use attorney opinion letters rather than title insurance. The title i...
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I'm in the process of converting a 401k into a SDIRA and was wondering if any fellow BPer's would care to share what has worked or not worked for them using this investment approach. Is it best to purchase individual...
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Last January my husband and I started out as full time Realtors. Right off the bat we got 2 listings so he quit his day job and we hit the ground running. Since then we’ve had only a couple more closings from buyer tr...
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Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...