Myths about Foreclosure (Texas)

Please note that my area of expertise is in the State of Texas and the statistics contained in this article should not be relative to other states.

The following question was asked ...

Hey all,

I'm just really getting started and I am wondering about which group to market my direct mail campaign to when it comes to Short Sales. I have subscribed to my local city legal newspaper and I am wonderi...

1. The guide says shoot for 2% of purchase price for rents, assuming that wont fly in Austin ? Also says for flips use the 70% rule and ive been presented a few deals now that are not close to the 70% ARV after purcha...

My wife and I have flipped homes in Utah along the Wasatch Front for a few years. We were never able to find a home that we could just BRRRR, due to lending requirements vs income, or lack of ingenuity / knowledge. Si...

I have different a motivation for everything I do. I wanted to start investing so that I could create wealth by means of cashflow. I knew that generating positive cashflow each month by renting out my properties wou...

I want to purchase a multi-family home using my VA loan. How much total cash on hand is recommended to have before buying? Say I want to purchase a property worth 300,000 - 400,000, what is a reasonable amount of cash...

I started out posting a response to a "how to get started question"...then after a frenzy of typing I realized that it deserved a post of it's own....

I try to post answers like I would have liked to see when I was s...

Let's have a little fun and possibly learn something about ourselves:The Green Button is a guaranteed $1M wired into your account today.The Red Button gives you a 50/50 chance at $100M being wired into your account to...

Hi BP House Flipping Community,

Today I would like to discuss and brainstorm how to structure a single house flipping.

First, I will lay down what I know so far.

Then, I would like to hear other m...

Hey folks, bit stuck on this deal and would appreciate any advice.

Purchase price: 60k
ARV: 80k
Rental: 1450/month
Property tax: 166
Vacancy: 7%
Capex: 5%
Maintenance & repair: 5%
Utilities: $150/month
Insuranc...