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 ...
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...
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...
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. ...
Bryan Rodriguez
Due On Sale Clause: Myth or Fact?
BP Fellows,
When utilizing the Assignment of Mortgage Payments (AMP) or Subject To strategies, is it realistic that a Lender will call the note?
If so, can someone provide a testimonial about it.
In addition, if ...
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...
Jason Eyerly
Other Exit Strategies For NPN (First Lien) Besides Foreclosure?
I'm looking at the FCI Exchange, just to give myself a sample of ideas as I look into notes. I can't seem to get my head around it. Another BP member mentioned to me that so far him and a partner have only gone fo...
Brandon Pace
Why so many recommendations to go multi family - commercial?
I'm a newbie and have recently purchased 3 properties, all townhomes in Utah. Two are in southern Utah and will be vacation rentals which will cash flow really well. My third is a long term rental in northern Utah tha...
Jason Barnett
Property Analysis or "Is this a good deal?"
This question has been asked so many times that I have decided to write up a crash course in analyzing financial statements. You don't need to be a financial wiz to invest in real estate, but you really need to under...