Marc M.
Can Banks Buy Their Bad Debt At A Discount?
Hello BPers,I am somewhat new to foreclosure investing...I've bought at county-tax foreclosure auctions, but haven't purchased anything from a bank yet.I've started attending weekly mortgage foreclosure auctions at th...
Anne H.
First Rental- Should we set up an LLC?
Hello,
We are buying our first rental property in MN and are feeling a bit overwhelmed with all the info. We have learned a lot though so far through these forums! What we are currently not sure of is if we should be...
Joshua Robinson
Paid Cash for all deals Good or Bad?
Hi everyone, so here’s the story. I played in the NFL for 8 years. While playing I always said that when I retired I wanted 10 properties and no debt. I was afraid that if I allowed debt to pile up while playing, and ...
Lloyd Segal
Economic Update (August 31 - September 4, 2020)
Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...
Blake Hansen
Dear Agents, I'm not worth your time.
I'm just starting out. Each time I contact an agent and let them know what I'm willing to offer they usually laugh and are quick to discourage the approach. I'm confused. Like most investors I want to make an offer lo...
Al Mcbee
Lease Options and Realtors.
Can I, or how can I, do a lease option with the homeowner that is currently working with a realtor?
Lloyd Segal
Economic Update (Monday, June 28, 2021)
Economic Update
(Monday, June 28, 2021)
Should Investors Wait Out this Crazy Housing Market? I know. I know. I feel your pain. You’re an investor. Investors buy and sell properties. You’re chomping at the bit ...
Jose Gallegos
After a year of analysis paralysis
I’m just getting started in my REI journey after nearly a year of analysis paralysis. I’m an engineer by degree but always wanted to get into REI and get out of the rat race. My hometown of Aurora, IL is where I have ...
Devin Howard
New Illinois WholeSale Law
I heard Illinois created a new law that was just passed a few days ago for wholesalers stating “Unless you have your realtors license wholesalers can’t perform anymore real estate deals” is this true??????
Alfred Bell
Entity questions...
I will be doing residential rehab/resells. I now have an equity partner. He puts up the capital, I do all the work, we split the profits 50/50.
I operate through my single owner S-Corp. My equity partner will operate...