I bought a mismanaged and neglected property with rents that were 1/2 market value. 4 of the 8 units are month to month so after a month of ownership and being onsite and starting to turn things around I’ve sent a not...
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Just wanted to get some opinions from the pros..I've been watching the stock market(probably my first mistake..lol) and every time it drops I get more of an urge to click that buy button. Since the real estate market ...
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So I just had a discussion with a retired family member who made her money (millions) in real estate. I brought up the BRRRR strategy and she got upset that I brought this up as an actually viable strategy. She asked,...
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I'm currently in escrow on an under-performing self storage property in CA. I heard about using Cost Segregation when purchasing it to maximize on the tax benefits. I'm going to consult with my CPA, but just wondering...
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I have seen people do a year and review of their 1st year of REI and always thought that was a GR8 idea to reflect on what you have learned in that time frame. So here we are and here I go.I joined BP on November 12t...
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Hi all,I am trying to make a game plan for the next 2 years or so. I have two questions/topics I would like to get some advise on.1. Current MortgageMy mother passes away about 2 years ago and probate is finally comin...
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I find myself judging the investment properties as if I were going to live there. Do I need to love it? Like it? Or Just make sure it's a good (sound) investment. I'm a newbie and I've been looking in good areas (sc...
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So my first oppportunity to make a HML fell through as the buyer lost the house to a higher bidder at the last moment. Here is another loan request I received:
Amount of Loan: $100k
Buyer Cash-in: $38k
Property Purc...
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As you guys may know, a major construction project is underway in Atlanta - the building of the future Atlanta Falcons stadium. The preliminary work (or "pre-construction") that is required for this project has al...
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There is a dark side of buying a property with no money down at full market value.
I get alot of calls each week from people that bought their property last year and got a 100% loan and now they have to sell the prop...