Luke Dilorenzo
Illegal immigrant tenants and lease termination
Hello everyone,I feel like maybe I’m being a softy, however I wanted some input from the more experienced landlords out there on how they would/have handled this situation.So recently I closed and owner occupy on a 4-...
Mindy Jensen
What's your MOST Creative Finance Story?
I want to know the most creative way you've ever financed a real estate purchase.Mortgage? Pish, I've done that.You sold plasma? Tell me more.Seller Financing? I'm all ears!Brandon Turner told us in How We Bought a 2...
Jeff Bisgier
I'm panicking! Just bought my first property.
Hi folks. I joined BP awhile back when my wife and I decided that we really wanted to get involved in real estate investing, namely flipping. I've tried to educate myself and have looked at a bunch of properties but n...
AP Horvath
What would you do in my shoes?
If you had a few hundred thousand in cash, ready to invest in RE -- what would your RE investment strategy be?Spread it around? land, multifamily, SFR, commercial or simply concentrate on one specific type of RE inves...
Todd Fry
Morris Invest Review (after 8 months of ownership)
I have written this review to give any prospective Morris Invest clients an idea of what they are getting into.My experience has been decidedly negative.BLUF (Bottom Line Up Front):Unfortunately in my experience, I di...
Sylvia B.
Hello, I'm a slumlord
We had a conversation with a guy today and it went something like this:"Hey I saw you hauling some lumber the other day. Whatcha building?""We bought a rental house and I was fixing a safety hazard." (Concrete step at...
James C Norman Jr
Fourplex investing with an impending recession?
When is the optimal time to purchase multi-family residential property? With the impending recession, what are some considerations for aspiring investors? What echelons of property should be honed in on? Which shou...
Chris Turner
Buyers asking about my assignment fee?
Do you tell your buyers your assignment fee before closing? I have friends who have been asked by potential buyers what their assignment fee will be even before they sign any contract. I really do not feel you shoul...
Ben Leybovich
Don't Buy $30,000 pigs in Ohio (or Mid-West)
It's not talking this time, though, if you've been paying attention, you know that I've been preaching this message for years... Here's an email from this morning names and locations edited out):Hey Ben - Really enjo...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...