Hello BP,
So there is a home that I looked at today that is available for lease. It was shown to me by a property manager. It looked like a classic case of someone who accidentally turned into a landlord....
I came across following idea from internet about buying defaulted mortgage notes directly from banks. However, I need some more help. Please help. Thanks, Sam
Contact homeowner in pre-foreclosure. When you first appr...
What is you favorite solo 401K company? Why?
I see that My Solo401K.net has a very nice web site with loads of useful information.
I see that BroadFinancial.com also has a nice web site, but you have to call to lea...
BP Community,I recently did my first private money deal (as a lender). The borrower is someone I know personally, and we intend to do additional deals together in the future. We stumbled through this first one togethe...
Looking for recommendations - would like someone to build simple we buy houses website - don't need anything too complicated - this wont be for SEO, it will be a site that I can include in my mailers for people to go ...
Hiusing a 100K property as an example (turnkey), with a 25 year loan, 76K, 5.6% p.a. that would mean the first year roughly 4K interest, and the depreciation would be 100k/27.5=3.6K, so total 7.6K - 630 USD/month.Now ...
Does anyone know the rules on taking out a loan as a vacation home vs an investment property? If youre going to rent it out but also use it? Is there a time frame you must spend there per year to have it be consider...
Please excuse the long post. I searched high and low about the tactical steps involved in doing a “subject to” deal and it took a while to learn and document the steps. So I’m laying it all out for the next person a...
Hi Everyone,First time poster, few months listener :-)Looking for feedback on what our next move should be. My husband and I took out an HELOC last June and jumped into real estate investing. We bought our first duple...
Thought I would throw this one out to the wisdom of the masses of the good people here on BP, and see if it can help me come to a decision.I won't bore you with all the details of a mismanaged property and non paying ...