Since REO's are bank owned and have already gone through the foreclosure and auction process does that mean they are a less desired investment property? I would think that all of the seasoned and experienced investors...
Mortgage Update: Outlook is not good.
The economy continues to shudder to a halt. As I write, lower manhattan looks like a ghost town. My local coffee shop typically turns about $1,000/day. Yesterday, Carlos had take...
In short I’m trying to figure out the best way to sell a property while not losing the mortgage, as the mortgage is a 30 year fixed at 4%. I purchased the property as owner occupied, but I’ve since moved out of the co...
How do forum members handle renters who stop paying rent? Do you evict right away? Do you submit their delinquent rent to the credit bureaus and hit their credit score? Do you offer a write off for keys? Do you try to...
Hey guys! New real estate investor here. I have an interesting scenario and would like to pick some of your brains!So my parents have 2 homes, one of them is mortgage free and worth approximately $300k and the other i...
Hi guysI've been wanting to become a REI for a very long time, and have been devouring this site and the podcasts like a maniac over the last couple weeks. I have some pretty specific goals and I believe they are achi...
In need of some council, in the last six months my wife and I have purchased 2 investment properties. Both have existing tenants. One of the tenants is late with rent every month and is giving me BS excuses all the ti...
Hey BP!I’ve got an issue with a foreclosure I just bought today. I won the auction and paid for the property there. Then I drive by the house and there’s an investor company (something like “we buy run down house”) si...
good morning! I currently have a deal under contract that's a fixer upper,that I shopped around on Zillow, Craiglist,etc and got a call from a realtor yesterday that a young couple wants to buy the house as their firs...
I'm having issues uploading a profile picture. Does it need to be a particular size and format for it to be accepted? I've tried JPG and TIFFs to no avail.
Thanks