Hello BPers forgive me as im trying to do my best with the sellers financials provided. Im trying to analyze this deal to see if it makes sense to purchase and if so at what price. The Knowns:All utilities are thru th...
Hello everyone! I recently came across a list of leads being offered by a realtor of short sale opportunities where the sellers were being foreclosed on while having tens of thousands of dollars in equity with the hom...
My partner and I just became the owners of a 4-plex in Oregon on July 29th. It had 4 long term renters in it throughout the process. Then, at closing, we were told that one tenant was being evicted for non-payment. ...
I want to start investing soon, but I have so many fears. What will it take to overcome all of them. I'm scared to lose all my money. I'm afraid I'll mess up. Please help me understand what I need to do to get mys...
As investors you have to decide at what level you are and make adjustments to get to where you want to be. Following are different levels of investors I read in a book by Robert Kiyosaki:
1. Zero financial level.
2....
I kept hearing people saying when in a REO situation, if the bank came back with a "HIGHEST AND BEST OFFER IN 24 HOURS", presumably in a multiple offer situation...that you could offer them $1 or $100 or $500 OVER the...
Investors have long known that depreciation on depreciable real estate is an economic fiction. Since property values usually increase over time, depreciation has often been called a "phantom" expense. Congress even r...
https://www.facebook.com/mitcheldurfee/videos/1015...I committed to purchasing 1 million in real estate assets and now I need some help and guidance! Anyone out there want to take me under their investment wings and h...
Hi all,I will try to cut through the fluff and get right to it. I have a quadplex that I am going to submit an offer on however I wanted to get feed back from everyone. Lots of factors here, some manageable some not...
Hi BP Family I was wondering about the costs affiliated with a LLC, and what is the best way to set one up. Meaning should I go through a lawyer, accountant etc. or would legal zoom be good enough. You see I want to ...