Maybe some guru has been advertising heavily on late night tv or something but to me it seems like there are A LOT of new people trying to wholesale. They have been told they can make RE riches despite having no mone...
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...
If you go to a house that you found by driving by or someone answering an ad in a newspaper - someone you don't really know and when there are no others involved in the relationship (Realtors, on-MLS, etc.), do you ev...
Huge cash flow after selling most of your real estate portfolio!? Many rookies assume that having more doors equates to more profit, but that’s not always the case. The truth is, if you start identifying the best inve...
Hello BP Community,We recently bought our 3rd vacation rental and have been doing minor renovations. In the bathroom there is a new deep tub but no shower doors or a curtain. We got a quote for installing frame-le...
I’ll start. I’m 38 and I own 0 properties. I am reading all I can on REI with the goal to buy my first property within the next year. I’d love to be inspired by some of you and your journey. I’d like to know your ...
I'm going to sell a condo down in Palm Desert California that I fully remodeled. I want to sell it with owner financing to facilitate a fast sale (lot of inventory in the desert and market time is VERY slow). Asking p...
Here in Chicago commission have typically been between 2 and 2.5 percent of gross sale price but now with the new rules I have not met any agents willing to take less then 2.5% so what has happened is the listings tha...
Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...
P G.
· Huntington Beach, California
I'm selling a small investment condo I own free and clear. The asking price is 40% below what I paid for it in 2005. I have three offers and I'm trying to decide which way to go. M...