Hi BP Nation,I have always had this argument with folks around me who believe that rent to value ratio is a better metric than ROI for analyzing investment properties. The price-to-rent ratio is the ratio of resident...
Hey BP, a friend recently mentioned that there are some buyers' agents that offer commission rebates of 1% or so. And since the commission is already factored into sale price (as the seller pays the commissions) thoug...
Sooo... I've started doing mailings and the phone is ringing. I've got some (somewhat) motivated sellers. What I'm finding is that when I ask them what they think their house is worth or what they are looking to get -...
I'll try to keep this short...Have done 3 mailings ( a combination of yellow letters, hand written and stuffed in pretty envelopes letters, postcard mailings). Total cost approximately $2,500. Response rate roughly 1-...
I didn't want to derail the other interesting conversation about credit scores, so thought I'd pose this as a separate question.When I was renting to mainly techies and students, they often had no credit at all. Ofte...
Hello Everyone
For the past few months I have been unable to get a traditional mortgage with a bank for various reasons, I am honestly tired of it holding me back! I have decided to look for a property using seller f...
I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...