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I had someone bring up an interesting business plan after my recent trouble with purchasing a HOA lien that was thought to be a first mortgage. The idea would be to purchase HOA Liens and then rent the property out ti...
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Hi BP,
This one is for investors that had purchased properties in last 2 years. How are you guys preparing for a possible market collapse?. For example in my area I've seen SFH the were sold in 2012-2013 for as low as...
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I thought I would share my story with the hope that it inspires someone to start the home flipping adventure and/or saves someone from making some of the (costly) mistakes that I made. Note that I'm purposely not incl...
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The latest one for me is my rehab contractor disappearing for 5 days. He finally returned my calls today and said a family member out of state had tree fall on their roof. He went to help fix it.But I find I stress ...
Oops, my mistake. I thought they were going to give Landlords a break . . . Instead of easing the Eviction Moratorium to help Landlords, Instead of Providing Landlords with financial assistance, WA State and soon othe...
Hello everyone,My name is Anup Patel and I am Real Estate Investor based in California looking to invest out of state. I have some experience investing California. I looking for buy and hold properties as well as flip...
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Hello,I'm looking to rent an apartment in downtown Minneapolis, MN, and put it in AirBnB. The apartments are exceptional high-end living spaces and are quite expensive to rent. What's the best way to ask the leasing a...
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Hello All,I am intrigued by the "art" of wholesaling and I am drawn to it, by reading, listening to all the strategies that I hear. It seems like a lot of work, but it is rewarded by a great level of satisfaction when...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...