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About 3 years ago my Wife's 85K IRA was making mediocre returns and we decided it was time to use it for real estate, which we understand far better than stocks. We converted it to a ROTH and took the tax hit in a ...
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I am evaluating a complex in a tertiary market with 8 residents who are delinquent in rent ranging from 55 days to 104 days. Current owner said he took it over in September from his partner and blamed poor renter vett...
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I see the signs on the wall of a slowing economy, but I'm not seeing a huge drop in prices at least in NYC. What is everyone seeing across the country?
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My house right now is considered 2 Bedroom, 1 BA , However, in the basement, I have a toilet, shower and utility basin sink all plumbed in.
The shower is what we call in the midwest, a "farmhouse" shower. It ...
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We found a guy offering two turnkey properties as a package deal. He is asking 50k which honestly we could pay 50k and it is still a stupid deal. We would cashflow nearly 500.00 a month off of the two properties. He s...
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Good evening! I have been a bigger pockets member for awhile, and my wife and I recently purchased our first investment property. It has 7 units and we are in the process of filling two of the units. I have a twofold ...
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Hello everyone, I've never posted anything until now but I've been on here reading, learning, absorbing for a few months now and I haven't seen this topic fully discussed so maybe we can use my own situation to help ...
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Economic Update
(Monday, February 15, 2021)
I was never a big believer in “Herd Immunity” until now. The term “herd immunity” represents a hypothetical threshold of our population that needs immunity to the coron...
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Here's a VA Supreme Court decision I found interesting and thought some of you might also. It goes to show why I doubt title insurance can ever be eliminated based on a blockchain type software program.In the case of...
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I have the chance to buy 3 multi unit properties owned by a seller who wants to retire. The seller is willing to do seller financing with the following terms:35% Down, 7% Interest, 7 Year BalloonThe asking price and r...