Dakotah P.
Will getting small auto loan disqualify me for new mortgage soon?
I have a dilemma: I have a 15 year old BMW that now costs more in upcoming maintenance than the car is worth so it's time to get rid of it. I plan on getting a modest, 3+ year old used vehicle from around $12,000 or ...
Alan Yu
REO property at bank cost?
I was able to track down few properties purchased by bank at wholesale. From my experience few weeks later these properties will pop up on the MLS with around 17% mark up from the bank purchase price. I guess the 17...
Craig S.
Tenant Screening Question
Hi Guys,I am screening tenants now for one of my rental units, and as a fairly new landlord, I have a few questions.1) SPOUSE NOT ON LEASE: Someone called me recently and said they are interested in the unit, but he w...
Dan H.
Supplemental tax property tax increase for off market purchase
Property is in Escondido, CA.I have purchased directly from the owner twice prior without getting a supplemental increase to the accessed value for property tax purposes. My off market purchase that closed New Years ...
Carmen Sognonvi
Template for figuring out path to cash flow goal?
Let's say I have a goal to generate X amount of monthly cash flow by X year, and I'm trying to figure out different scenarios to get to that goal.Can you recommend any useful tools, spreadsheets, blog posts, or forum ...
Paul Stephan
Making an offer without a Realtor?
Is it possible to make an offer on a MLS listed property without using a selling agent? If so, what happens with the selling comm, does the listing agent get 100%?
Dean Weltman
My Wrap Hit a Snag, Looking for Other Ideas
Guys and Gals,My first wrap hit a problem - HUD apparently doesn't allow wraps of FHA mortgages. I have a buyer ready and willing, but he insists on only doing an owner financed transaction.Here's the skinny: I have a...
Erik Tollefsrud
Taking Action
Hey BP!Looking for some advice on how to take action. Seems so simple when I think about it. Just get out there and try something right?I've been thinking about investing for a few months now. I have read a ton of boo...
Annchen Knodt
Thoughts on investing in Navasota, Texas?
I'm wondering if any folks in the Houston / College Station or maybe even Austin areas have any thoughts on whether it'd be a good idea to to buy SFRs in the small town of Navasota near CS. My parents (@Tom Knodt) an...
Jeff Tallard
Recent letter to a beginning real estate investor
This is a copy of an email I sent to a beginning real estate investor last week. It’s just some random thoughts on real estate investment based on my 35 years in the business. During that time we have purchased over...