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I googled the unemployment history of US, and here is the chart... Out of the past 65 years, maybe 10 saw unemployment at around 4%....All other 55 years were higher.... If you are buying RE in today's enviroment when...
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A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
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I just saw this program on two webinars last week.....Cameron is offering transactional funding and charging 3%...and POF's, and the Iflip program to generate leads on houses (via birdogs) and to increase your buyer's...
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Perhaps I'm generalizing, but I see some heavy hostility towards the idea of whole-saling in the forums. Why do a lot of members seem to be so against wholesale? I've seen "unethical" and "shady" thrown around a lot...
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I’m 33 and a millennial, I want to be a full time real estate investor one day (residential real estate). When I turn 34 I wanna get my real estate license so I can learn more and find deals. What do you guys think?
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I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
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Im pretty blind sided by this.3 unit under contract at 140k, scheduled to close beginning of September. Inspection went well, bank has committed to funding it, title company is ready and good to go. Insurance in place...
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Can we all make a pact that we will submit our highest and best when we deal with REOs? I am tired to loosing deals, bidding against myself, and the bank playing us against each other.
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Can I buy a home directly from an owner facing foreclosure in advance of the foreclosure auction? For example, I see a home up for auction, and the amount owed is about $38,000. Assuming this is the only debt (and I...
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I am not sure what to make of this real estate market in 2019. The prices are out of control for lousy multi families. These properties don’t cash flow unless you buy with 50% deposit. With 30% down, you’re just break...