Zima Ba
Getting deposit back from small claims court myself
I sold my house unconditionally for over 1 million dollars in Mississauga but the buyer did not close or show any intention to close until the closing date. The deposit is $30,000. 4 weeks after the closing date, the ...
Randy Wong
I couldn't sell this house, so I wanna buy it cheaper from the bank.
I have a contract from a motivated seller that was 4 mos. behind. It was a purchase contract with it contingent to me finding a buyer. I was trying to find someone to rent to own this house, Here is the scenerio.
Pu...
John D.
Homesearch issue: NationStar is seller, but other bank on title
I'm running into an interesting issue with a couple of homesearch properties. Nationstar is listed as the seller in the purchase contract, but they don't actually own the properties -- apparently they are simply repr...
Nicholas S Sally
First Future Rental Property Purchase Advice!
Hey Everyone! I am currently in the market to purchase my first property. I have been saving up for a 5% down payment with my price range being in the low $200,000s. I have been building some reserves as well and I am...
Bryan Feik
Stuck Overpaying because of 1031 Exchange
Hello everyone, Ive been listening to the Podcast and reading the forum for a while but am finally making my first post.Im an active investor in the Denver metro area trying to grow my portfolio in the difficult Color...
Jim D.
Relationship of Principal and ROI
As I understand it, ROI = (Cashflow per Month * 12) / (Total Equity)
I'm having trouble understanding why principal doesn't count towards monthly income in this equation. For example:
I buy a rental for $100,000 wi...
Harsh Dangaria
HOA foreclosure guidance
Hello BP members!I am a newbie and have looked into RE investing for a long time.Last week, I have purchased a home through a HOA foreclosure in FL. Based on my research on the property can the forum please provide so...
Lance Cummins
How should I approach a wealthy family member to be my PML?
Hi BP,I have a wealthy family member in the construction business and I am considering talking to him about possibly being my private money lender.I am looking for advice on how to pitch the idea to him.
Michael Corso
Saturday Fix and Flip Tips for Beginners
Here are all the steps you need to follow in order to successfully flip a house.
1. Determine Your Budget and Plan of Attack
You need to decide just how much money you can actually sink into the project. This can be...
Albert F.
Newbie from the Bay Area California
Hello everyone,
My name is Albert, live in north California. I'm a cancer surviver in remission since 2012.I'd been interested in investing in real estate for awhile now and after seeing those late night infomercial ...