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After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided t...
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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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Do you tell your buyers your assignment fee before closing? I have friends who have been asked by potential buyers what their assignment fee will be even before they sign any contract. I really do not feel you shoul...
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Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
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Hey There BPers,
Myself and my business partner have been spending a significant amount of time on our direct mail campaign and so far, our results have been subpar to say the least. We have sent out a total ...
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I have a lot of residential market data for California and recently put this together, quite shocking!Developer #1 & #2 are competitors who both buy projects at a 20% estimated return level. They do the same fix &...
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Hi BP!I'm new to the world of REI and have some questions in regards to wholesaling with and without a RE license in the state of FL.So I've been reading A LOT on this topic and the more I read the more questions I ha...
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DISCLAIMER: I'm not asking for a mentor here but for an advice on how to find one!Hi all, very first post here but a long time reader. Please bear with me...I live in Brooklyn, NY, I'm in my late thirties and I've al...
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As many of us are aware, millennials are more apt to renting rather than buying real estate. They (we?) are replacing baby boomers at a rapid rate, and are right behind Generation Z... Of course, Generation Z still ha...
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Hey everyone,I am 20-years old at Temple University with 3 semesters left before I graduate. I recently decided to switch from studying/working in the IT industry to Real Estate. I have worked in a property management...