Hi Guys/Gals,I have a wholesale deal in place on a bank reo. I got the property under contract at $54,500 and I'm going to wholesale it to my end buyer for 59k all cash using a simultaneous close. My escrow company ha...
I am posting this here as GAME CHANGER for me. It is better placed here in success stories, instead of elsewhere because If I can do this, you can too! I mean this from the bottom of my heart. I read about Donald Tru...
In November my tenants failed to pay their rent and my PM started the eviction process. Today I received a notice that eviction is set for Christmas Eve.
What do you make of that?
Would you suggest to the constabl...
I was wondering how you go about making your offers. What I mean is, when you first go out to see a home, do you make an offer on the spot? Or do you go home and think about it and call them back with an offer?
Do y...
Hi,I'm a first time landlord, long story short I had a potential tenant very interested in the property that cleared all the checks.The tenants were having a baby soon, and the wife was making the larger income of the...
Why have you not sold, refinanced, or 1031 exchanged your pricey RE for more cash flow? I did and went from $50,000 cash flow to my current $120,000 cash flow and in 2 months moving to $160,000 cash flow. Would you h...
Obviously the "refinance" part of the BRRRR strategy is a crucial one.When you are analyzing a deal that you plan to BRRRR how do you determine what the numbers will look like after you refinance to ensure the prope...
A recent blog post really, really struck me as bad advice. http://www.biggerpockets.com/renewsblog/2014/10/08...This is not the way we want investors to be representing us, and definitely not the kind of advice that t...
I've been thinking what people would do (or rather, what's the best thing to do) when they receive a lump sum of money for whatever reason.
Would you...
1. Pay off your primary residence (90-100%), and invest the re...