Jason V.
Is REI Just the "Least Worst" Choice?
When it comes to obtaining "financial freedom" is investing in real estate just the least worst choice?I tripped over this article the other night, which sums up a lot of what I've been thinking about REI lately: Inve...
Stephen R.
Estimating purchase currently at Net Operating Loss
I'm looking at picking up a 4 family, 12 BR, 4 BA as a first purchase. It seems the current owner, who inherited the property and seems to know less about valuation than this aspiring investor, has been operating at a...
Eric P.
First time filing taxes as a landlord, questions...
Last year I bought my first two rental properties in Michigan. I've been keeping paper receipts in folders all year (gutted and rehabbed them), didn't really have the time earlier to do anything else with them. Now I ...
John Hanson
1% or 2% rule in Minnesota?
I'm just getting started in real estate investing, with the intent of renting out either single family homes, multi-family or townhomes. I know that one cannot go strictly by the 1% or 2% rule, and that more detaile...
N/A N/A
Adopt A Newbie
Hello All! My husband and I are just getting started in the Real Estate business. So far, we've just really been educating ourselves. We recently attended the Robert Shemin 3 day foreclosure conference and it was inde...
Olga Merino
Should I get another Real Estate Agent?
I've been wanting to invest in Real Estate for a couple of months. I've been listening to the podcasts, and reading articles here in BP while looking and learning more about my market. At the same time, I contacted th...
Greg P.
Do you have a Passion for Real Estate?
I'm just curious on how many people honestly just do it because it's good money and makes sense. Or, they do it because they have a true passion? How can you tell if you have a passion? Honestly, I think it's just g...
Dojo Kempin
DIY Rehab--where to start?
So I'm new here and stepping out on a (relatively) small scale.
I've been looking at the distressed properties around me, thinking of my retirement, and basically said, "hey, why not build some sweat equity on one of...
Johnny Debt
REO Confusion. Please help!
Hello,
I made an offer on a REO with 20% down and the rest is being financed. I was told that no inspection would be possible after accepted offer. My loan officer qualified me for a renovation loan to fix whatever...
Raz V.
Contract for Deed and New HUD Rules.
Has anyone figured out what finally went down with the new HUD rules and Rent to Own?
Are we supposed to be licensed now? And if so, licensed in every state where we do business in?