Will Barnard
Stop Doing Business With BofA!
Not technically a real estate company, however, due to their large amount of RE holdings/assets, this is the place for this thread.
As many of you know, there is a BP thread about the terrible business practices of B...
Paul S.
140k at 1,250 rent
There are many properties for sale in my region, but may not cash flow. Here is an example (remember that this is California)
$140k for 1,400 sq ft
3 bedroom, 2 bath
Rental rate = $1,250 a month
At 20% down, that w...
James G.
Fire my Agent? Agent buys deal instead of closing for client
When I asked about the status of a deal my agent was trying to line up for me, he (to his credit) told me he and his partners just put it under contract and that he would keep looking for a deal for me.I’m new to rent...
Michael Anderson
Need help determining my best financing option
All,I am diving in the pool of real estate investing. I believe I have several options and would like advice on picking the best one. To help with the decision here is a little about my current situation. My wife and ...
Nicole Heasley Beitenman
Closing some of my credit cards makes sense to me. Am I correct?
Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
Account Closed
Zillow officially enters the house flipping business...
The full story is on Bloomberg.com here: Zillow wants to flip your house should you want to read all the details.For those with TLDR syndrome the gist of it is:Zillow has now joined the ranks of high tech real estate ...
Chris Speights
Selling my Wholesale Business...need advice
I have been wholesaling for around 3 years, now. I have pretty much always worked with a partner. I work a full time job in Oil & Gas, but was doing wholesaling on the side. This partner of mine does wholesalin...
Julie Williams
Financing a multifamily with empty units
Hello all. I just read an article on commercial financing that said commercial lenders would consider rents in the decision when financing a multi-family if there were leases. I am going on a three-day car trip tomorr...
Matthew Anderson
New landlord problems, tenant that thinks they're in charge
Just bought my first property in Pittsfield, New Hampshire, it's a four-unit built in 1850 my family and I plan to do an owner occupied unit with tenants in the other 3 units. The previous landlord seemed to have fo...
Ryan Oneal
Found this informative. Advice from a home inspector.
Site - Does the ground around the house slope consistently away?- If there are underground drains, where are they going?- Are there any trees at the foundation?- Is there adequate drainage for retaining walls? Any cra...