Justin B.
Seattle Starts First One to Rent to Law
Good luck if you are a landlord in Seattle!http://www.americanthinker.com/articles/2017/03/se..."With a heavy-handed new law that is the first of its kind in the nation, Seattle has set its regulatory crosshairs on la...
John Backus
Under water on house- Is forclosure an option?
Hello, I'm looking for some advise on what to do. In 2006 my wife and I purchased our first home in Lansing, MI. Honestly, I believe we overpaid unfortunately, and it cost us $107,000. We had an FHA loan with no down ...
Jose Corbera
Why are mortgages so expensive?
Hi All,I'm about to purchase my first home with the intent to rent it out in due time. The cost of the home is 225k with 3.5% down. My monthly principal and interest is 1054.72, but when including hoa fees and the oth...
Ralph Dicharry
Flooded Houses in Louisiana
Hi BP familyLiving in Louisiana I'm beginning to receive calls about people wanting to get rid of their flooded houses from the 2016 flood. I have never thought about flooded properties before so I decided to reach o...
Dean Letfus
Memphis Terry Brown warning
Before we took control of our own acquisition one of our earlier suppliers was Memphis Investment Houses and their property management company owned by Terry Brown. Terry appears to have skipped to Chicago, (accord...
Preston L'Ecuyer
Check My Numbers - Rental Property - DFW
Hello All,I would humbly ask for someone to double check my numbers on a potential deal I am working on. (Sorry if this is not the proper thread, this is my first post, other than new member post).Details:Not on MLSAr...
David Wurzel
Looming Eviction Crisis
Let's hear from all the smart, intelligent property owners who automatically dismiss those with evictions on how they will be handling the 30 million people getting ready to be, if not already, evicted because they lo...
Christophe Noualhat
New far-far-away member & questions on investing in FL
Good morning everyone (it is morning for me and most likely this post will appear when it will be morning for you)... Yes I am from a far-far-away land called MADAGASCAR (and no, there are no penguins, lions, giraffes...
Chibuzor Alumba
Bad First Investment - Newbie Beware
My very first deal:Purchase price: $205,000Down payment: 11% + 2% closing costsHouse Type: Single FamilySqft: 678 (WHAT? This isn't even a tight market nor a great neighbourhood. How did I get sold this crap lol)Locat...
Michael Swan
Please Evaluate My Plan
A little background first. In 2011-2012 purchased with 20% down loans 10 condos in sunny San Diego. Averaging about $48,000.00 cash flow. Life was good. Then I calculated my return on Equity and noticed San Diego ...