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Just got done reading Wealth Protection Secrets by William Bronchick. The book came highly recommended by REI. Anyway, in the book the author recommends using a Land Trust in conjunction with a LLC. In essence the ...
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I have a friend that has been looking for a house. She has found 2 that she really liked but when she wanted to put an offer on them her realtor wouldn't. She said the sellers (of both different houses) had paid almos...
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MY FIRST BP POST! YAY!I have read 100 books, read forums, watched podcasts, analyzed deals, talked to my lender, paid off all my debt and I have $50k to play with. I can't use that $50k to buy multiple properties in D...
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PART 1: INVESTING IN REAL ESTATE, the Why, the Where, the What, the How, and the How Much:
In mid-2017 my wife and I decided to go back to what had been one of our passions in the mid-90's, the ownership and manageme...
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Hi BP!My wife and I purchased an 18 unit multifamily in December. The building is full of mostly great people, but there was one fellow that always smelled like pot. We talked to him about it but the odors continued...
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Something I heard a while ago is that if renting a home is cheaper than buying it in an area, then most likely that area is in a bubble. For example in my area a single family detached home (4 bedroom, 2-3 bathroom...
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What's your motivation in being a part of the real estate business?
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Hi all,I purchased a 3 bed, 2 bath condo in Oceanside, CA with a VA loan for 0 down in 2017 for $336,000. My mortgage rate is 2.75%, I owe 300K on the property, and the unit right next to me just sold for $530K a few...
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I have an opportunity approaching in 2017 to buy a small MXU building ($500-$600k). I am running the numbers and between the high insurance rate and the much higher interest rates with shorter amortization schedules, ...
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Be careful out there people. Whether this is day one of the bubble popping or we have a few months left, everyone needs to reevaluate their holdings and future plans. The evidence is everywhere. Housing prices are qui...