Hello BP'ers
So I just wrapped up reading Robert G. Allen's book "Creating Wealth", and I was really intruiged by his methods of financing his deals. He is really trying to drive home the point of finding win...
Hello! Well, this is a brain tickler. So we purchased a retail property at the end of 2022 with seller financing: 5 year term, 30 year amortization, 0% interest. Payments are $2k per month. Three year option to extend...
For people who use lawyers or are lawyers themselves, I'm just wondering if it's normal to be charged for simply responding to an email?
Usually these emails are simply one or two line responses or answers (that's ...
Hi everyone, I was wondering if anyone had an automatic payment system setup with their tenants to receive monthly rent payments automatically. This way you don’t have to physically pick up rent or wait for them to m...
Operating Expenses seem to be a big shade of gray for investors. Especially for a newbie like myself who has never run an investment property. Do the vets recommend itemizing expenses when running a cash flow statem...
Written by a baltimore city landlord recently....perhaps the funniest thing I've ever read.
Thanks Mary Jo, you raise a wise point. To Chris, Heather and everyone else who was asking about how these turned out, par...
I think I am involved in a crazy REO transaction. I get that they can take a while. I get that the ppl managing the property and the transaction are not in this business and do not care. I get that I am a "pimple on a...
I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...
Background: The economy is on a tear, but trees don't grow to the sky. At some point, it will over-extend and go into recession when financial commitments default.Last time, the trigger was a default on home mortgage...
Hi all, after chairman Powells speech yesterday, it is clear that the fed is committed to fighting inflation by raising interest rates and selling bonds. This will have a negative effect on the housing market due to l...