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Hi BP Community!Would love to get your guidance as I think this might be my very first deal. -FSBO priced at $80K (free and clear)-Owner is an elderly man who purchased the lot for $60K nearly 20 years ago through a f...
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If you had to guess, what is the success rate in real estate investing? Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...
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I was shocked, when I read a statistics about the level of success in the real estate investment industry. According to the information I read, only 5% of would be investors actually buy something. Does that mean, 95%...
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I'm currently renting in Los Angeles and the rents are super high. I
want to buy a property, but I am a little afraid especially after the treasury department said we are looking at early signs of a recession. I
w...
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A recent blog post really, really struck me as bad advice. http://www.biggerpockets.com/renewsblog/2014/10/08...This is not the way we want investors to be representing us, and definitely not the kind of advice that t...
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I read that every mortgage has a Due on Sale clause, which means you have to notify the lender when you sale the property and pay the entirety of the loan when you sell the property. How do people work with the clause...
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I've gotten so many investors asking me what areas, neighborhoods, ZIP codes I've worked in, it's ridiculous. STOP DOING THAT TO PEOPLE.Do people have no shame when they are essentially trying to drink from the same w...
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I have realized I really do hate this website. Let me explain.I am brand spanking new and just learning at this point. I haven't been able, due to family situations, to truly do more than just learn. (and I am gettin...
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I have now been living in my FHA-purchased duplex for 6 months, and I wanted to share the story to encourage those who have been waiting on the sidelines stuck trying to figure out how to get started. If you read the ...
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I've been licensed for about a year now and had been working under a broker for about 8 months.I just did my 5th yellow letter campaign in my area and an agent received one and they called and complained to their area...