Rick Bassett
Tenant screening uncovered DUI's, jail time etc
Hi All,
Looking for a sanity check here with a potential tenant.
He called on a property, loved it with 2 minutes of walking through it (almost no one loves this property as it has a strange floor plan) and emailed...
Maureen Monfore
My head is spinning! STR in SoCal?
I need help. We are getting ready to list a long-term rental home out of state and do a 1031 exchange for a STR property (maybe two) closer to where we live in SoCal. Given the income potential, we think STRs are the ...
John Thedford
New Article: Austin Tx Is Most Over Valued RE Market
Here is the link: http://finance.yahoo.com/news/10-most-overvalued-undervalued-housing-131550950.htmlAlso from the article:The most overvalued market in the U.S. was Austin, Texas (overvalued by 19%), followed by Los ...
Account Closed
Was told to use LLC but Financing is challenging
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
Cory Mccarthy
Historians Perspective needed - RE crash of 2007 -2010
I would like to hear from several of the historians here that went through the most recent housing collapse back in 2007 through 2010 regarding what happened to their buy and hold strategy in that kind of environment....
Marisa R.
Property Managers Suck
I know this is a controversial subject, however, this has been my experience in USA.I am a foreign investor that has been playing in US since 2011 in 2 different markets and its clear to me that property management se...
Wendell De Guzman
How Do You Predict The Next Real Estate Crash? Mine is...
Mine is foreclosure filings and REO sales.Let me explain.In 2007, I was working on 20 shortsales and a business partner of mine was working on about 40 shortsale cases. None of the shortsales were accepted. This was u...
Joshua Manning
Grad School Worth it or not?
Hey BP family,I wanted to get yall's take on something. So next year I will be graduating from college with Bachelors degree in Finance. My plan after graduation is to start real estate investing as soon as possible. ...
Chris Martin
Man charged with breaking into foreclosed home he bought
I had to read this two or three times to see if the arrested man's claim "Everything that occurred with this house was lawful" was really the case. In my opinion, the above statement is not correct, given just the ...
Dustin B.
Realtor thinks im crazy
I have been working with the same realtor for about 6 months now and i am beginning to get a little aggravated. Every time i make an offer on a property she looks at me like im crazy and after the offer is submitted s...