When you have a seller with a dilapidated house that is worth 80k as is, and you're offering them 40k, are you really doing them a favor? I understand the idea of unloading their burden.. but realistically they are be...
Does a college degree help? Should I major in Finance or Real Estate? Both? Or is real life experience better for learning how to invest in real estate? My goal is to do this full time. What is the average time span f...
I have a 2 story house that I have divided into 4 units. Unit A - long term tenants unfurnished Unit B, C, D - furnished rooms with a shared kitchen - renting to short term professionals. First off, I have had great t...
Hi BPer's, @Tom A. and I have been collaborating on a SE Michigan BP Meetup. We are looking to create a monthly meeting that is more on a personal level compared to a normal REIA.
This event is an open ...
I recently became a Certified Private Money Broker and my original plan was I thought I would use that business to build my Capital so that I could then become a Real Estate Investor. As I started out in my Broker bu...
Here is a mortgage statement from a homeowner that is being foreclosed on. He wants to sell to me. Can I negotiate some of the interest and late fees down from the bank? And what is the best way to approach that conve...
Hi there,It’s been a while since I posted here. Sold my duplex 3 years ago and I just recently jump back into landlording.We bought a single home here in Sacramento area and I have a couple tenants who are interested ...
Hey BP People,I am currently screening tenant applications for a vacant rental property of mine and I came across an interesting situation. The applicants are a Hispanic family with 3 young kids; Mother is a housewife...
Why?Didn't want to hijack the other thread but it seems like this is the question investors should be asking themselves. If you can consistently receive $700 rent on a $30,000 purchase then why doesn't the market bid...
Just finishing my open house with another list of prospective tenants I had received from Zillow... I have a few questions for my fellow city investors... - What has helped you find the most quality/qualified tenants?...