Rob K.
Foreclosed for less than what was owed
I have a question about foreclosures. I know that in most states, when a property is foreclosed and goes to the courthouse auction and you are the high bidder, you own the house that day. In Michigan, if someone doesn...
Alma Mills
Suggested private money interest rates?
What do you think are reasonable rates and terms to charge private lenders I know. Giving them 1st position on a property where they will be lending no more than 70% of the ARV.
Nat C.
Paying seller over 2-3 years (so he won't lose his food stamps)
Firstly, I'm not asking for legal advice, so any replies don't need a disclaimer :)A seller I'm buying a house from is concerned about becoming ineligible for food stamps and Medicaid when I buy the second property on...
Nick S.
Deal analysis in SE Houston (Clear Lake and surrounding)
I've been analyzing hypothetical deals to try to set my buying criteria and wanted to get some feedback on my numbers and assumptions. I'm a new investor looking at buy and hold rentals in the SE Houston market. Areas...
Chris Baker
New member, invest through syndicator or directly?
Hello all,I'm totally new to this. I've been reading voraciously, listening to the podcasts, and trying to understand the best route for me. I've got a full time job, with a little cash to spare that I'd like to inves...
Alex L.
Can my LLC "buy" a property from me?
I have a few properties under my name that I'd like to put under an "anonymous" LLC solely for privacy reasons. I know that I can simply quit claim the properties to the LLC, however this leaves a trail on the auditor...
Ross Y.
Buy Local or Buy for Cash Flow w/ PM out of state?
Hi Community! I'm in contract on a deal currently and since then, I've found BP and I'm starting to question my decision. I'd like to get a little bit of advice on my current situation to help nudge me either way. I l...
David Olson
First Flip Almost Complete
Hello everyone,I am about two weeks away from being complete with my fist flip. It is located in Katy, TX and there were some unexpected repairs but nothing that set us back to much. I will be uploading complete befor...
Gustavo Delgado
why should we still invest in real estate?
Why should we still invest in real estate? Are there no better options, like a REIT's, Stocks, Bitcoin, or other things? Finding good cash flowing deals are damn near impossible. Prices are through the roof, Insurance...
Jim Stardust
Financing a rental with 15 or 30 yr mtg?
It's my first rental property, can afford both 15 yr and 30 yr (with the appropriate down payment) financing. At 15 yr, I anticipate the property will be slightly cash-flow positive, with 30 yr, there's a lot more ca...