Brandon Goldsmith
Due diligence on target countries
I have been constantly trying to do research on prospective countries and to see what type of real estate is hot in certain markets/counties and possibly not in others. I have been looking into Latin America mostly bu...
Steve Ramer
I think it may be mentor time
Hi guys,You might know that I own a couple of properties in KCMO from previous posts. Those are rentals, and they're doing okay. I've recently been divorced, and even though I have my kids 5 out of 14 days, my mainten...
Account Closed
Realtors loaning commission @ 2.25% rate post closing 2nd mtg
Anyone ever heard of Realtors loaning the commission @ 2.25% interest rate as a Cash Out 2nd mortgage above 97% CLTV post closing? Example: 500,000 purchase x 3% $15,000 commission- 5,000 for tax realtor has t...
Susan O.
Los Angeles Tenants "Union" - Universal Rent Control
I was recently in Los Angeles and I saw all sort of posters in Korea town - which has a lot of hard working people who have brought it up from the 90s -- LA riots, slums, etc. There are posters that say "Housing is a ...
Nathan Sharp
First Fix and Flip. Eye-sore SFR into beautiful home.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $78,000
Cash invested: $59,000
Sale price: $137,793
After years wanting to invest in real estate, I finally too...
Shawn M.
Worst Landlord Headache Ever
Hi BP, I'm trying to compile a list of worst landlord headaches ever, to use in a direct mail campaign. Whats the worst call you got from a tenant?What has been your biggest pain from owning a rental property?If you a...
Mike Migliaccio
If rates rise and economy slows
What is the downside to purchasing a multi unit (28 units) building (currently approx 90+% rented), if rates rise, and the economy slows? I heard on podcast 3 that the guest lost millions in the 2008 downturn. I am g...
Richard Phan
Out of State Investing Advice for a newbie
Hi everyone,I live in LA and have started looking at OOS investing seriously and some of these homes I see in the midwest for example go for 80-100k turnkey ready. That's not even enough for a downpayment for a shack ...
Jian G.
Who’s hoarding cash and waiting for the next crash to be here?
Anyone preparing for the next crash and strategize on how to maximize return on the next cycle? It’s getting harder and harder to find good deals it seems. A lot of sellers are priced at that “perfect” asking price. F...
D Higgs
How often are you expecting Property Managers to walkthrough
Let's say you have your property, and everything is going according to plan with your REI. How often do you want your PA doing a walkthrough of your tenant occupied units? Is this allowed? If so, is there a difference...