Jon Klaus
Are we setting ourselves up for another bubble?
Robert Shiller thinks we may be doing just that.
US Housing Market Could Be Facing Another Bubble: Shiller
The housing market, which already has been battered by the worst collapse since the Great Depression, could ...
Chris V.
Stockton Deal Analyses – Estimating Costs
Stockton Deal Analyses – Estimating CostsA while ago I wrote a series of posts ranting about the current state of the residential income property market in Stockton, CA. In each post I highlighted a current listing an...
Nghi Le
The Perfect Balance of W2 and Entrepreneurship
This isn't your standard success story. I'm not going to talk about any specific deals, or a cashflow number. I'm not going to tell you that I'm retired, or that I'm close to it. Instead, I'm going to tell you how ...
Frank Agyeman-Duah
No rent roll and no lease agreements
I have agreed with a seller on an offer price for a triplex which will be my first REI. According to the seller's agent, the first tenant has lived there for 16 years, second tenant 6 years and third tenant 6 months. ...
Emanuel Rubio
Aspiring Real Estate Investor, FHA pre approved
Hello BP!I hope everyone is doing well, this is my first post to the forum,( hopefully I’m able to post) .I’m looking to make the leap into REI, I have since been pre approved for an FHA, @ $225,000.so I’ve beeen shop...
Larisa G.
Can utility company place a lien on the landlord's property if tenant does not pay his utility bills?
I have received a letter from EDCO Disposal Corporation stating that my tenant is past due on several payments, and that if the amount is not paid in the next 30 days ( by the time I got the letter it would be only...
Andrew Jones
6plex under contract. What documentation should I ask from owner?
Hello BP,
Yesterday 1/12/12, I got a 6plex under contract in southern California. Four 2bd+1 and Two 1+1. Owner is financing with me putting 30% down. Building is currently fully occupied. What documentation should I...
Jonathan Fuchs
How does leveraging (refinancing) work in practice?
Hello BP,My wife and I own one rental income property (outright, San Diego) and are looking to invest in a second or more (Houston area) to increase cash flow. I have been reading the forum posts on the debate between...
Ryan Copeland
Duplex for 1st Deal | Should I Buy???
Hello BP,
I could use some help on determining what to offer for this duplex. I don't know if there is a rule of thumb for what to offer, I think I read in a post that an investment offer should be 30% off ARV - rep...
Michael C.
Should I sell my duplex? Or refinance and hold
Numbers Bought it for 175,000 a couple years backDown payment was 18,000 plus 20,000 fix upNow I owe 135,000 , it just got appraised for 242,000 , in this market I could sell it for 250,000One side covers the mortgage...