Bob M.
FCI exchange no longer facilitates buying/selling land contracts
hi everyone,i bought a performing CFD on FCI last year for at about 70% UPB, have been sitting on it collecting payments for a year and recently got a bite to sell it at 88% UPB. I was happy to make the sale but half...
David Grimm
What are the hidden expenses you never hear of?
Hi!I've been doing a ton of research over the last few months and feel like I've got a pretty good handle on the expenses. Every once in a while though, I hear on the podcast some unforeseen expense that an investor r...
Rowland Smith
First House Under Contract....Flip or Rent?
Got my first house under contract. One thing I'm doing in my due diligence is deciding how much to invest in rehab. Seems like a potential good rental to keep.Purchase: 140k (3BR/2BA, 1550 sq ft w/2 car garage, Founta...
Andrew Burgess
Career and Real Estate Advice!
Hi I'm Andrew. I'm 19, just graduated Highschool last year. I have a great ambition to become successful. With that being said I'm very overwhelmed as to how to go about it. As of now, I'm not attending college, but I...
Chris DeSoto
Old Town Scottsdale - worth it to renovate and use Heloc for downpayment of 2nd home?
Hello BP community,
I am trying to start my real estate investing journey and have a question if it is worth it for me to fix up my current property or instead invest the cash I have on hand to buy another house righ...
Account Closed
Buying duplex as first investment
So after careful consideration and weighing out other options, my wife and I have decided to move forward with purchasing a duplex as our first home/investment!
We currently rent an apartment and within the next 8-12...
Abad Marroquin
Is it a good idea to self manage when unable to find a good property manager?
Hi BP community.When I owned around 10 units I managed them myself, and I think I did it efficiently. Then as I acquired more units I hired a property manager. As you probably know, most managers will not manage as go...
Kevin Jung
Is this a good deal? Good cashflow but bad neiborhood?
I'm looking at a duplex with crazy cash flow but it's in a really bad neighborhood. Bunch of thieves, dogs, and drug attics running around. Pretty far from any restaurants, markets, and such. But it has 2 tenants in p...
Katrina Cabral
What do I do if I have to evict in Atlanta
My property manager is the worst. They billed me for a bunch of repairs and for the clean up of my property to prepare it for rent - and did none of it. They also scammed my tenants who rented it sight unseen - handi...
Basit Siddiqi
SEP-IRA > SDIRA / Solo401K for balances below $100,000
Hello all,
I just wanted to share my recent decision of a retirement account to set up for my self and the reason why.A little about meI currently have $0 in traditional retirement accounts(IRA, 401K, etc). I took an...