Hey, I am new to BP. I started RE investing before really knowing the ABCs. Now I am seeking some help to decide if I should sell a rental unit. I bought a condo unit for 388k in 2017 ( I live in a high cost area). Th...
Hi BPers. I need some advice. I bought a foreclosure and just got the tenant out today. Out of the blue I got a visit from someone who happened to see an expired listing (pre-auction) and asked if it was for sale. Whe...
Investment Info:
Single-family residence buy & hold investment in Pleasant Grove.
Purchase price: $160,000
Cash invested: $8,000
This was our second home that we purchased when we moved back to U...
I have a property in Sacramento I am looking for ideas on how to handle the owners situationOwner purchased and developed a lot of 6 homes, lives in one, sold the others, lease optioned one of them right next to his h...
As a residential developer who spent twenty years as a CPA Partner in a large local accounting firm, I rarely post much on the various real estate websites. But, in light of the acts that the GO-Zone tax benefits will...
Hello all, I am a new wholesaler just getting my beak wet. I have found someone interested in closing a deal. Ideally I would like to just get this BP contract I found under the file place signed online so I can get t...
Does anyone know whether you need to be licensed to invest in notes? I am getting conflicting info. I would like to invest my own money but would ALSO like to find note holders and connect them to institutional note b...
A few active threads popped up on BP with the consensus being something like “hahahah Zillow lost a lot of money trying to flip houses…How dumb are they, lets all point and laugh’. Or lets make memes about them, becau...
My question to you... when does it make sense to become a private lender?I have a client dying to get into RE but has no funds other than his HELOC with about $100K available rn. The interest on barrowed money is some...
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...