I read too many posts from investors about "cashflow per door" or "that house does not have a positive cashflow", ect. I feel like the prevailing thought is that it is about "cashflow", singular, when real estate inve...
when you go after the banks......
http://www.wikileaks.com/
Overbidding is the opposite of being a conservative investor. It happens when you buy above the market rate, compared to similar properties in the same general area. Another telltale sign of overbidding is when you pu...
We are in some unsettling times and many of you have questions about financing options available for investors. Others have questions about the lingo/structure of RE financing. Opening up this forum to send me all you...
Hi All
I just wanted to post here on what I thought was the most important things a new person should do when starting out. Below you will find a list of what I think a new person should do first before diving head f...
So I found a property that has SERIOUS potential. The duplex is owned by an elderly couple, both of which were moved into a home and this is an estate sale. Asking price is $27,900 and assessed value is $19,800. The h...
HI BP,I've run into a little problem with 2 adopted tenants from an existing owner. The first 8 months they were great, paid on time, no issues, etc. As of the last 3 months they have been a nightmare. One has defi...
As a developing/newbie wholesaler you learn that you should follow basic steps to get in the game: put up bandit signs, door knock, drive for dollars, etc. So that's exactly what I've done.
I started with Bandit Sig...
Here are the facts. I'll try keep it as unbiased as possible to get some honest feedback from other investors.Last year I met an investor who was flipping houses in Phoenix. I connected with him by email a couple of t...
Has anyone else had a bad experience with this guy? He is another 'no money down' guy, but as a student after paying thousands of dollars, he was never available, never answered my questions, and pawned all of his me...