Bienes Raices
Mortgage was sold to Ocwen--what to expect?
The mortgage on my personal residence was just sold by GMAC to Ocwen. I'm pretty nervous because there's tons of horror stories on the web about Ocwen (saying the payment wasn't sent in when it was, and many other mis...
Michael C.
How transparent are you with people at your "day job" about REI?
So, I just finished listening to Podcast 60 with @SergeS and it got me thinking. He was working a full time job, and took his business from 0 to 68 units in four years. In the podcast he referenced very often he wou...
Wes S.
Do investors negatively distort the market?
Hi BP,Do investors, purchasing a property with the sole expectation of renting it out, make it harder for owner-occupants to find affordable housing?This is the question that came up from a family member. He lives in...
Kai Van Leuven
Cashflow: BP most MISUNDERSTOOD term
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...
Alvin Uy
If you had access to a $900k HELOC, what would you do with it?
Ok.. so I was able to pull $900k+ worth of HELOCs between 2 of my 5 properties. I decided to temporarily leverage some of that equity into a property Im flipping (ground-up/new construction) here in Los Angeles. Th...
Shiloh Lundahl
Are EARLY RISERS MORE SUCCESSFUL than those who sleep in?
Admittedly, I am naturally an early riser. I naturally wake up at about 5 AM without the need for an alarm clock. This is haw I’ve been since I can remember. I have read several books such as The Miracle Morning and ...
Rich Weese
Not only are we "dumbing down" in our education system, but ...
Now this. I guess just like students don't like to perform on tests, the Teachers don't like to have their tenure dependent on their ability to teach.
http://www.deseretnews.com/article/700039443/Pressured-teachers-t...
Account Closed
Burned on foreclosure purchase
I was wondering if there is any investors who would be willing to share a horror story on a foreclosure they bought only to find they got more than they bargained for.To get the ball rolling he is one of mine.The stor...
Marcos Carbi
Invest now or wait for recession?
Hey guys,
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...
Nat C.
Recorded lien AFTER closing
I purchased a property in Miami Dade a few years back. A year after owning it, a new tenant moved in and when she tried to turn the water service on, she was told there was a lien for unpaid water. The water company w...