I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
I have a SFR that I just put on the rental market after two years of remodeling. The place is brand new from the studs in. I have had a myriad of unqualified people inquire. I did get a request from a person who is...
Another investor in my network recently got a property under contract, and was looking to assign it. I saw it on Monday, and he gave me his "buy it now" price (ie: don't wait to see if any other investors are interest...
I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Sorry in advance for a long post; I want to write a detailed post on how I got started in RE investing a few years ago, the lessons I learned along the way, and why I'm thinking about stopping now. I want to be as spe...
I read an article that Blackrock is buying all the houses and new housing tracts with taxpayer dollars to the tune of over 30k houses per year. Turning them into SFR. They are buying above market. Anyone else know ...
This house barely cash flows. I worry about it being near the peak especially in LV due to the looming recession. With 85k involved in closing, it isn't an ideal time to buy if the market turns against me and I can bu...
I had a blast writing my Diary of a New Construction Project thread, and the feedback I got from that was great. So, I've decided to try another one...this time tracking and discussing the ongoing saga of a renta...
Be careful when discussing or posting wholesale deals on Bigger Pockets' forums. Myself and several other wholesalers in my area have gotten complained on to the Florida DBPR and after looking into it we determined th...