Corey Dutton
What Are the Biggest Risks of Trust Deed Investing?
A loan made to an individual or a business can be secured by real estate or real property. This is also called real estate lending, or trust deed investing. A trust deed is recorded, putting a lien on the Title to the...
Account Closed
Vacation Rental Analysis Help
Hi everybody!My wife and I are looking to purchase a vacation home as rental property. I have seen many of you post success you have had with these types of rentals, however, I am having trouble finding property that ...
Kaylee Walterbach
Did you make any rookie mistakes? (Plus, NEW BOOK!)
First-Time Home Buyer: The Complete Playbook for Avoiding Rookie Mistakes is available now!
@Mindy Jensen and @Scott Trench have been buying and selling houses for a collective thirty years. In First-Time Home Buye...
Shaun Calloway
Paying over asking in Houston and making a profit?
I found a deal the other day that looked like this:
$100k for 3/2, 1600sf, decent yard, decent location, comps could maybe get to $150-175k, no mortgage - house is paid off.
Whats the problem, right?!
This house n...
Olivia Umoren
Student Loans & Mortgage Approval—DTI Issues
Hi Everyone,
My name is Olivia, I’m a 24 year old college grad (Penn State ‘16) and like most of my classmates I have student loans ($45,000). I am trying to prepare myself to purchase a property for househacking in ...
Scott Bartlett
Getting ready to submit my first offer, thoughts?
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...
Calixto Urdiales
Really off topic! Talk about Workouts....
Okay since I got into the REI game and realized how much money there is out there I am constantly on the computer comparing deals. And ever since this happen and me passing the state where my matabolism works faster t...
Michael Davido
Analyzing a rented duplex
This is a deal that the BP calculator seems to make work. It would be my first investment property. It is about 1 hour and 15 minutes from where I live.Purchase Price: $139,900Closing Costs: $6,300 (I went with 4....
Amy Zemser
renting rooms in my house
Hi BP friends, Since I have 5 rooms available in the upstairs portion of our huge Victorian, and I'd like to save some more money toward buying our second investment property, I've decided to rent out the rooms upstai...
Nina V.
Section 8 and income as a protected class
Hi All,Before I post my question, I'd like to recognize that there will be a few of you out that there I offend. In advance, I apologize. I don't want responses to my questions to ask me to defend why I won't enroll i...