Hi everybody, I just bought my first property in Aiea, HI (on the outskirts of Honolulu) and am set to close the first week of October! I've been on BP for a looong time, but my real estate investing dreams were put o...
An investor who had a fire at their property had full insurance coverage on the loss, the policy was in force, had about $90,000.00 in damage, had a limit of insurance of 1.5 million dollars, and was a clear cut case ...
Hello all. I have had a 4br/2.5ba house on the market since 10/09 with no offers. I originally had it offered through an agent who basically just stuck a sign in the yard and put it on the mls. I had about 15 peopl...
Return citations were getting thrown around on another thread a few weeks ago so I took the liberty of dusting off some old finance texts where people try to get quite specific about citing returns. The case is made ...
Years ago, I was at a CPA conference, and the lecturer finished 30 minutes early. Unheard of, I know, but it did happen. He asked us what we wanted to learn in the remaining 30 minutes. And 300 CPAs in the room almost...
Bought my first property in Tulum MX via cash pre-sale last year. Looking to yield both cash flow and appreciation for 5 yrs minimum...plus have a place to hang out once in a while :) Now looking to get into potential...
A couple of weeks ago, I was at a local car wash waiting for my truck, & I called a mortgage broker about some info I sent him to get pre-qualified for a loan. A man standing nearby overheard part of my conversati...
This is a kind embarrassing/bizarre story, but I figured I'd share it since everyone and there brother is getting into wholesaling. Basically, I was approached about buying a buy-and-hold home from a wholesaler in a ...
I am starting a new rehab and was considering applying for a Home Depot commerical credit card. The reason was two fold. The first being I can build credit for my LLC. The second being I could use any financing dea...
As I consider adding another property to my investment portfolio, I'm wondering - What do you consider "good" cashflow for a property? Personally, I'm considering the purchase of a unit in an area I'm very familiar wi...