So me and my wife started are real estate business about 3 1/2 years ago. We have 1 duplex and 13 single family homes. We are in Debt around $350,000. With Property Values if we sold all together would be a safe $1,0...
I own a condo in Silicon Valley worth about $300-325k. I owe $130k on the mortgage. I currently rent it out for $1650/mo and profit $250/mo. I now live in Austin, TX, and need to purchase a primary residence for my wi...
I'm wondering if anyone is even considering short sales as a buy. I've never had a good expierence with a short sale, always due to the bank dragging their feet and delaying the deal.
Buyers get antsy and walk away. ...
Hello! I am a new investor looking to purchase my first property in the Rhode Island/Bristol County, MA area. I have built up enough savings to purchase a multifamily property with an FHA (3.5% down) loan or Fannie ma...
Hello BP,I am looking for a quick checklist or list of good questions to ask when I cold call multi-family or mobile home park owners asking them if they'd be interested in selling. I have recently pulled all of the t...
I know showing thanks to clients with a closing gift is a traditional way many real estate professionals seal up a transaction. A closing gift not only serves as a special treat to your home buyers and sellers, but it...
I have yet to purchase any rental property. I have made my money overseas from savings. I do like owning some stocks, but I now want to diversify into real estate. I have $500,000 in cash. I do not want to rush in...
Even though Net Present Value is used mainly in financial management I think it is probably the best ratio/calculation for analyzing a real estate deal. Unfortunately in Real Estate Analysis people usually use mainly ...
First of all, this is an amazing forum. I've been on other real estate forums, but I just discovered this one recently and it is far more helpful. Anyways, on to my post.
I've got a hypothetical situation for you. ...
Hello BP community! This is my first actual post and I wish I would of joined the community sooner, as I have read a ton of BP books, and listened to several podcast! I’m in a bit of a unique situation… I am a CPA, 25...