Scotland Ray Smith
Getting into REI with the odds in your favor?!
Aloha BP community, If you couldn't tell by my lengthy nonexistent list of deals listed on my profile I am a newbie trying to make my way into REI. All jokes aside, I am an avid podcast listener and I've been reading ...
Manuel Sarabia
What happens if my apt building burns down and someone dies. How screwed am I?
Just saw on the news that a nearby apt from mine burned down and resulted in one death. Sucks for all parties involved but now its got me thinking it could happen to me. I have the place insured but something tells me...
Shawn Davis
Getting Ready To Quit the W-2 and Go Full Time REI - What Are You Doing For Health Insurance???
Hello All -We are about a month away from getting completely out of all W-2 employment and going full time (hubby & I) in REI. We have been thinking about this for a while and feel like we are in good shape to do...
Ken Rishel
A New Danger
The Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers put out by the CSBS could put all small lenders who are financing purchases of manufactured homes out of business in states that adapt these...
Robert Steele
Anyone bought a REO with a tenant in it?
I am aware of the Protecting Tenants at Foreclosure Act of 2009 but I was wondering if anyone has had any direct experience with buying a foreclosure with a tenant in it?
For instance, I assume to get protected from ...
Grace Wang
Is this a deal?
Was offered with a turnkey deal in Indiananpolis, INDuplex, 2 bedroom and 2 bath (1 bed, 1 bath each unit)Monthly rent : 1100 ($550 each side)Tax per year: $684Acquisition cost: $35,000 (per zillow, it was selling for...
Isca Harmatz
multi family management company
hello,looking for a management company for a small multi family property.any recommendations?additionally can anyone estimate what's the average cost for a management company in that area. so far i got several offers ...
Michael Purcell
Michael from Washington DC
I am an architect and I have one property - I want to build a rental property portfolio creating a sustainable (green) market place to help lower energy costs. This will be the basis for my ongoing income when I slow...
Toby Munk
When/where/how will we bottom out?
OK, really like to see what people have to say on this one.
1) First tell me your area and how much it is down so far from the peak.
2) What do you see the total % loss from the top until we hit the floor?
3) What t...
John Ma
Irrational sellers at reassignment closing
I'm wondering how many of you guys experience a seller freaking out or feel like he was cheated because he finds out you made several thousand off of him during the closing?I know we have to drop the "I may assign thi...