After listing my property (a 4-plex in San Diego) too high in a declining market, receiving no offers after a month even after a 9% price cut, I asked my broker: at what price could he guarantee an offer within a week...
I watch what the other countries are doing to address the government debt and I know that is coming our way. I want to be prepared.
Callapsed stock markets,devalued currency, and higher taxes are just a few thoughts...
First situation: Apartment was advertised at $1400 for a 2 bed/1 bath house. Prospective tenants had 2 pets and we agreed to increase rent to $1430 (15/pet). Lease was written up with the 2 pets allowed and the rent s...
@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...
Out of the blue I am receiving messages about a company called Strongbrook and how great they are and that I should refer all of my clients to this great and ethical company. Seriously, that was the message. I have ...
Hi all,I'm new here. I'm technically not a landlord yet, but I made an offer on a duplex and it was accepted today. I'm having it inspected this Wednesday. I plan to live there with my two sons and rent out half. I'm ...
We started looking into investing in US real estate a few weeks ago.We're looking to diversify our investment portfolio. Right now, it's all in the stock market (mostly index funds). Listening to the podcast, reading ...
I cannot count how many times I've seen a post on BP from someone young-ish saying how they just want to quit college (or their job) and "jump" into Real Estate. When I see these posts my brain immediately chuckles (n...
Has anyone borrowed from their life insurance policy or used it as collateral to invest? I've had a few people that said this is a great strategy and to make sure I have the policy setup correctly. Working on getting ...
I recently got my first property under contract in the St. Louis, MO. market (Florissant, MO. to be exact). I do not have a buyers list but yet I have managed to make some great connections regarding my area where i ...