I have read that the best thing to do when taking over a loan "Subject To", is to immediately inform the lender so that everything is out in the open up front. Three thoughts on this, and I'd like your input:
First,...
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I just inspected a property yesterday, and got my first real look at it.
Here is the information:
Asking Price: $15,675
On the Market: 79 Days
Comparable Comps: 25-35K (I believe this to be a little low right now (T...
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This is a silly question possibly. I have heard people in forums says regarding cap rates to pay attention to the overall trend. Just because you bought at a 7 cap today you need to follow the historical trends of the...
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I'm considering long distance investing in Houston but don't know much about the current market.I was told that it's a hot market right now.Now I'd like to know the facts from the BP community. Is it Hot or Not?Any a...
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I've heard people recently mentioning that the US is headed towards a market correction. In what ways is this different than a full crash, like in '08?
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Last year, my brother passed away and left my sister and I with a condo (which we're selling) and 3 occupied, single-wide mobile homes in NorCal. He wanted us to take care of his tenants because he said they were har...
Hi BiggerPockets,Rental yields in my area are low. To bolster the yields I would need to buy in areas that I would not feel safe managing the properties. Instead, in conjunction with a partner, we have been consider...
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I’m a new investor looking to buy a STR in the Gatlinburg area. One of my hesitations is knowing what will happen to demand during a recession. The STR market in Gatlinburg seems solid now, but how did it hold up duri...
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Hi there-I am in debt to credit cards. I have a low-paying job and at this point, no retirement. I am in my mid-50's, so I am a late bloomer to investing. I thought that claiming Chapter 7 would be a good idea, in ord...
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I am trying something new by starting a thread on a single Patch of Land loan for discussion and information sharing between investors. This thread is to be focused on "Atlanta Luxury Property Rehab" in Atlanta, Geor...