Just wanted to take a minute to introduce myself. My name is Chris Schmid and I am an IT professional (programmer/data analyst) from Omaha, Nebraska.

I first became interested in real estate after my wife...

Like most games, you better known the rules.Whether an REO or Tax sale, you'll find the Terms & Conditions for the saleand see that they vary significantly. 1) one may require proof of funds to qualify for biddi...

Hello fellow investors!  I began a post a few months ago in regards to a new construction project I will be starting soon and after all the great input I thought it would be nice to start a journal in order to help ne...

Unfortunately I've been away for a few months while taking care of some personal matters, so I haven't been able to keep up on discussions. 
However, several months ago there were ample amount of folks here insisting...

Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster.  You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $225,000

9509 Briarcreek Drive, Oklahoma City, OK 73162

I am not sure there is really a good thread here in BP which address this question.  I know there are many blogs but those do not provide expanded conversations around the idea, IMO.  If you are a seasoned, new or pot...

I see men constantly posting! Where are the women? That are investors and agents?

Hi All! I had to share. Against all conventional advice and wisdom, I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top o...

I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...