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I am a newbie to the investing world. I have read many books on the topics, talked to many brokers, etc. My specialty is in real estate insurance so I know a little bit, but from a different angle. The holy grail that...
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So today while flipping channels, I came across a infomercial for Than Merrill. I guess he is in Chicago, so I watched it for a few minutes. He talked a lot about some "secrets" to RE success.
I have never ta...
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This is in Missouri. One of my tenants stopped paying rent in October. He then called me in mid-November and said he had moved back home with his parents, and he would no longer need to rent the unit. His lease run...
I am in zero danger of losing the home I own, and am actively working to get ready to buy my first rental as soon as possible. But... I have this nightmare to deal with. I worked my butt off at a second job to drag ...
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Is there a niche for renting C and D class properties to sex offenders? I've worked with this population in the past and the majority live in C or D class neighborhoods. Less than 5% of sex offender re-offend after ...
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Hey everyone,
So I sent out e-mails on Craigslist ads to possibly do a rent-to-own/lease purchase or buy their property with all cash. I got the following as a response:
I may sell on installment or option.
What i...
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Hello everyone,
My name is Cris. New to the wholesaling and trying to find direction. Just created my BP account, looking to build relationships and learn as much as i can while being of any help to others. For the ...
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Hey guys I'm a newbie land I have a (probably dumb) question about mobile home rents and lot rents. I was looking at a park earlier today (just practicing making offers!) and I noticed they had some junky trailers and...
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So I have 3 rental properties in central Illinois. 1 has a mortgage on it. I'm selling one of those 3 tomorrow and can just use the proceeds to pay off the mortgage on the third and pay off the mortgage - leaving me w...
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Real estate investors will not spend a lifetime deferring capital gains tax by taking advantage of the 1031 Exchange to simply throw in the towel at the end of their “active” investment life. Logically, investors will...