The debate on the efficacy of REI investing over a 401(k) has raged for a long time on BiggerPockets. Thanks to a message from @Christopher Throop, I revisited the topic when he let me know a file I used during an ear...
Hello Everyone,
I was at a local real estate investor group meeting last night, and I was told something that I could not believe at first. I was told that amortizations are never good, especially for 30-year mortgag...
I am about to start a direct mail marketing campaign to possible motivated sellers with a budget of around 2k. Should I lean more towards prefer closures with equity or vacant? Or how would you disperse those funds in...
:cry: I have a house that is in foreclosure right now. Screw the banks, why should they have my property when they made their money already. Resently I've been learning how to clear all of my debts including my mortg...
What's preferred: (1) High cash flow, but low chance of appreciation, OR (2) modest cash flow, but high chance of appreciation? I had a discussion last week with a fellow investor, and we were debating the merits of e...
What are your thoughts on MLS listed properties (Redfin, Zillow, Realtor)? Does anyone find good deals this way? As soon as I find what seems like a deal I pause and wonder why, if it is a good deal, was it not snatch...
Hey BP,Disclaimer: I made many mistakesUnfortunately this is not a success story, but I have learned a lot from this deal. This was my first potential deal that did not turn out so well. I got a house under contrac...
Hi all! We are needing to relocate quickly for a job transfer out of state. Our home is 2 years old, has some upgrades, is on a lake, in a wonderful school district and is about 2 miles from the beach. We had a lot of...
I have never backed out on a deal for which I have paid earnest money before.
I had an accepted offer on a duplex. I mailed my earnest money but later I changed my mind because another offer of mine got accepted so ...