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Results (1221)
Serge S. Due on sale clause was called by bank!
28 April 2023 | 133 replies

I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...

David Rundle SAFE Act in Oklahoma & Lonnie deals
5 November 2013 | 33 replies

I see John Fedro's post that Oklahoma requires a Mobile Home retailer's license . This has just further confused me. I found a deal to buy a mobile home and the seller is extremely motivated. However I'm hesita...

Kristin Whitaker Full-Time Investors - Tell us how you quit your day jobs!
10 January 2014 | 49 replies

Let's face it - most of us are here because we want to make enough passive income to quit our day jobs. There's a TON of people here working towards that goal. I'm certainly not there yet, but love success stories, ...

Zach Shrader How does Property Management work??
25 March 2017 | 46 replies

Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...

James Krahula Stock Market While Saving For Down Payment?
3 July 2018 | 78 replies

I am currently saving for my first down payment on a buy and hold real estate property. I'm using Barclays with their really high 1.5% APY savings account. A lot of people will argue that if you are saving for a down ...

Rich Weese 40% loss in net worth in last 3 years
19 June 2012 | 34 replies

I'm sure many have heard the numbers recently that the median net worth of individuals in the United States has dropped 39% in the last three years. I'm just curious how BP members have fared during the same three-yea...

Rob Wilson 20 unit apartment building with no money down!
16 November 2018 | 43 replies

I've been in real estate management and investing for 9 years and I have a recent acquisition that I hope will motivate others.  I've been sitting on the sidelines too long, it's time to contribute!I sent out 600 lett...

Courtney M. Using a broker in multifamily
11 April 2021 | 27 replies

I've been reading a lot of books about multifamily and one piece of advice I seem to read over and over is a lot of people buying multifamily don't use a buyer's agent - that seems to be frowned upon in this space.I'm...

Andrew Postell HOW TO: Avoid the “DUE ON SALE” Clause
28 April 2024 | 20 replies

In continuing with my “HOW TO” series I thought I would post on a topic that has reared its head again lately – the notorious “due on sale” clause (key terrifying music). Every few years this will get talked about an...