Andrew Faulkner
Dumb question about buying notes from newbie
I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...
Paul Winka
Where to relocate in USA for flipping? Leaving military...
Hi all,WHERE SHOULD I LOCATE MYSELF IN THE USA TO BEST TAKE ADVANTAGE OF FINDING AND BEING NEAR FLIPPING DEALS?That’s the big question I have. It’s quite a serious question too, because I very well may decide where to...
Kenny Hsu
Invest now, or wait for the correction?
If you had the capital, would you wait for the correction or still invest now?I understand local markets will drive the ultimate decision, but it feels like every market I look:1) unemployment is through the roof in t...
Eric DeVito
How to avoid Capital gains tax?
Hello all, basically I am putting my primary home on the market after I recently got it appraised and I am looking at getting a large profit. I currently have lived in this home for about 14 months and I used a VA Loa...
J. Martin
Negotiating Purchase of Vacant Lot in Bay Area tomorrow. Advice?
Going to try to negotiate the purchase of vacant lot tomorrow. Any advice?I’m meeting the owner of a vacant lot tomorrow to try to negotiate the purchase of a vacant lot in the San Francisco Bay Area. It’s a killer pr...
Dan Gheesling
Detroit - What are your thoughts / questions / fears about investing in the City of Detroit?
When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...
Mindy Jensen
If a dog breed is banned by the city do you have to accept as ESA
Having a discussion at the office, and this question came up.If a dog breed is banned by the city your rental is located in, do you have to accept it as an emotional support animal?Pit bulls always get the bad rap, so...
Louis W.
Dealing with Tenants who are bringing up laws.
Hi BP community,I am pretty new to running a rental property. I recently took over managing a property for family in the San Francisco. I was discussing rent and property situation with my tenants, and they got pretty...
Shiloh Lundahl
Partnership Gone Bad: What would you do?
Here are the facts. I'll try keep it as unbiased as possible to get some honest feedback from other investors.Last year I met an investor who was flipping houses in Phoenix. I connected with him by email a couple of t...
Irwin Haddox
My lawyer says wholesaling is illegal. Quote Below
"Irwin,I've spent some time thinking about your proposed business model and, also, doing some research and, taking a conservative approach, have concluded that you would be selling real estate and therefore would be ...