Good morning, BPers. Hope your weekend is going better than mine. As you can see by the subject line, tenants at one of my rental properties have decided to increase their income by renting out rooms at the house th...
Hey everyone. I wanted to bring up a recent news story to see what your thoughts are. I reported on our blog yesterday a story, Zillow Banned in Arizona by Regulators. Is the Novelty Wearing Off? where the mega corp...
OK, here is is...It's time for me to get real and do something drastic. We are broke, I just went to the grocery store and needed to use my credit card. I have been married 11 years, we have 2 kids. I work part time...
Currently, I have rental property in California, Colorado, Texas and Virginia. I am looking to buy another SFR or possibly duplex, and the main issue is monthly cash flow. What state or states seem to be the best fo...
First off I hope this is the correct sub forum (BP is over loaded with sub forums)
I am wondering how many BP members live solely off of their real estate. By this I mean a person who doesn't have a job and isn't l...
I've read a lot of posts about this, and am still a bit confused. If I am purchasing property that the asking price is $99500 and the appraisal is at least $155K which makes under 65% LTV, if I am getting a hard money...
Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
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...
I have a lot of residential market data for California and recently put this together, quite shocking!Developer #1 & #2 are competitors who both buy projects at a 20% estimated return level. They do the same fix &...