Account Closed
I am dumbfounded by the high prices investors are paying for property.
This happens to me time and time again. I just got off the phone with a seller of a house in Florissant MO who told me that 5 other people made offers on his house and that my offer was less than half of what the nex...
Kenneth Noronha
Dropping out to become an investor
Hi BP,I wanted to get your opinion on something that's been bugging me for a while now. First off, I'm 18 (turning 19 in a month) and I'm in my first year at McMaster in Hamilton in the engineering program. At the beg...
Craig Dieterich
First purchase...Did I screw up?
I found a small, fully remodeled duplex for $35k in a depressed area of South Carolina with good renters in place bringing in $900/mo in rent, but it had to be a cash deal because it was slightly over appraised price ...
Owen Hogarth
Here we go
I don't quite understand the american ideal sometimes; now here i go. i'm starting this because it was request, i understand we all come from different places and look at the same situations differently but please no ...
Gerrit Stukkie
Lease Option vs Buy Hold Analysis
I have a newbie question.What differences are there in analyzing a lease option property versus combining buy and hold analysis with a flip analysis?I want to have LO as an exit strategy along with Flip and Hold.I kno...
Rob Lawrence
Do you think it matters if you use a 5% or 6% commission?
I am currently selling my house, and I have a 5% commission on it. My realtor says that maybe I am not getting as many people coming or an offer because of my commission percentage. In you experience, do you think i...
Rick L.
Help! I have a "High Maintenance" Tenant
Background:I have a tenant who has been renting for about 10 months. She is a retired probation officer and currently works part-time with one of local city governments in the traffic court division. When she first ...
Mark Smith
Should I Kill My 401k?
I've been listening to Set for Life, by @Scott Trench. Great book! One of the things discussed in the book is how a 401k locks up part of your income, and that if you aspire to reach early financial freedom then a 4...
Will Gaston
My First Lawsuit: Will this Loophole Help or Hurt???
All:So ten years in and now I'm officially a landlord as I just got served with my first lawsuit. It's in magistrate's court and the tenant is asking for her last 6 months in back rent (~5k) as she says she has not be...
John Cartwright
Do hard money
ok I am at a point where I have done my research and still learning but I'm ready to get my first deal going and get it under my belt. My credit is not good enough to get a mortgage loan. So I'm left with private ...