So brief background. I started investing in the USA around 08. Ended up in Memphis and with the help of a great mentor really got going in that city. It quickly became obvious that many parts of Memphis were terrib...
obama received an award as man of the year from the newspapers guild over the weekend. No press was evidently allowed to attend(so much for transparency). Now today, a bill was introduced to allow the failing entities...
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...
What is the plan when tenants can’t work and cannot make rent payments? It has already started for me.
We are under contract on a side by side duplex near our hometown in Ohio. We just found out that we are inheriting the sweetest 80 year old tenant who has lived in the place for 20 years. Market rent is $950+. This li...
Hi EveryoneAfter reading through many excellent posts, include the "Diary of a New Construction Project" by @J Scott and @Joshua Dorkin, I thought I might add our voice here on BP. I am proposing to track the entire l...
I'm 43 and wanted to invest in real estate. I am trying to learn but for whatever reason it feels over my head. What resources exist for absolute beginners? I tried going to a local meetup and felt really out of place...
As we all observe and fear the Coronavirus, we see many cities under “shelter-at-home” restrictions, and many “non-essential” businesses closing. Then on the other hand, the Fed lowered rates almost to zero, and mortg...
Maybe some guru has been advertising heavily on late night tv or something but to me it seems like there are A LOT of new people trying to wholesale. They have been told they can make RE riches despite having no mone...
Hey BP! In 2017, so far I have run into about eight wholesalers who were:-Marketing properties they did not have under contract-Daisy-chaining deals 3 and 4 deep-Marking properties up 200 or more percent-Dealing with ...