Cody C.
Rich Dad Coaching?
Hello!
I'm a recent new member to this site, and I think it's an excellent resource for people like me who are brand new to RE investing.
I've had the "privilege" to attend a 3 day "intro to REI" course put on by th...
Henry Lazerow
The new NAR rules have actually made buyer agent commissions go up not down
Here in Chicago commission have typically been between 2 and 2.5 percent of gross sale price but now with the new rules I have not met any agents willing to take less then 2.5% so what has happened is the listings tha...
Chris Clothier
Are Appraisers Hurting Real Estate Values?
I wrote an article for the BP Blog asking a question about real estate appraisers and what role they are playing in holding down real estate values: http://www.biggerpockets.com/renewsblog/2012/07/18/are-appraisers-pa...
Ken Rishel
Anti Money Laundering – a Technical Explanation
From another client report (this one from 2012) - sans footnotes and references.All Americans are experiencing the expansionist wave of government control over all of our activities, and businesses are being increasin...
Bogdan Cirlig
When Low Purchase price doesn't make a great Investment option
In the today's real estate markets, investors are finding an abundance of distressed inventory and in some cases for prices that are 10% of the "replacement" cost of the property.After quickly glancing at the rents on...
John Thedford
Dear FL Tenant: I Intend To Impose A Claim On Your Security Depos
First: security deposits do NOT belong to the landlord. They are exactly as stated: security deposit.They MUST be housed in a FL financial institution per FL statute. They cannot be co-mingled.Now, your tenant left "d...
John Thedford
Wrote Another Mortgage-12% Plus 4 Points-NO TENANT HEADACHES
For those contemplating alternate investments, I highly recommend considering hard money lending. I started in 2012 with little knowledge or information. At that time we didn't have Dodd-Frank to be concerned with. Fo...
Jay Hinrichs
First substantial loss
I have closed a property yesterday that I took a hit on... it was my first loss in 3 years and over 250 transactions that I funded. Take away... BP member good talker bad in execution.. I went and met with him in Atla...
Zane O.
Listing won't sell
We have a home that has been on the market for over a year now, and we've yet to get an offer, even after multiple marketing strategies have been tried.Home info:- High-end neighborhood- 4,046 sq. ft. 5+ bed, 4 bath, ...
Josh Rich
Setting Up Solo 401k
Today I'm working on taxes and finalizing my Solo 401k set up, yes tons of fun...not my favorite way to spend a sunny 75 degree Saturday in San Diego!
That said, I need some guidance on next steps.
Step...