Toyin Dawodu
Buy and Hold, Does It Really Make Sense?
I was once a buy and hold investor. Then one day, my light was turned off by the power company, in the house I lived in.How could that happen? I had 40 houses, but I was always robbing Peter to pay Paul. Edison, the p...
Omer S.
Problem Tenant Rent Collection
Hello, I have a problem tenant and the latest is I have a failure to pay rent judgement against them. Today is the day I can file for eviction. Last night I get a text from the tenant saying I can come pick up the r...
N/A N/A
Rich Dad Training?
Hey I have a chance to attend one of those "FREE" Rich Dad training classes tomorrow. Now I know that they will undoubtedly try to sell me some ridiculously high priced package, but was wondering if anyone has attende...
Matt H
The value of doing your first deal....
I just sent this letter to a guy who was just starting out and wanted some advice.......
Hello,
There is one thing I'll teach you that will make you filthy rich beyond your wildest dreams. It's the thing that all RE...
Andrey Y.
Investing in hawaii has become unrealistic and a waste of time
The last 4 or so offers I made (at or above asking) on condos on oahu were blown out of the water..1. Like 2 weeks ago on a 1BR in my building. I made a full price offer and bam, they had an above asking cash offer an...
Jeff McNamee
Tax Implications for Rental Property With First Time Homebuyer Loan
Hi all- I have a condo I rent out that I originally obtained through a first time home buyer loan. Well my lender sent me a letter because they noticed this isn't my primary residence anymore and the loan states that ...
Linda L.
What you should be concerned as 1st lien holder if there's 2nd loan?
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
Aaron Caddel
Is a Listing Agent a glorified task rabbit? (not trolling)
I was just reading through the recent post asking for the TOP quality they look for in a real estate agent. The comments that followed were extremely depressing. They looked more like a list of soft skills most would ...
Jeff Lively
Wholesaling for beginners
My goal for wholesaling is to do 1 deal per 2 months in the year 2017. I will soon live in the Waco, Texas area and will be attending Baylor university. This will be a part time venture but I know that it will take ha...
Benjamin Fertich
Investing in a High Turnover Military Environment
Hi All,This is my first post to BP! I have lurked in the background of the forums for long enough and am finally ready to jump out and immerse myself in learning. Situation: I recently purchased a single family town ...