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The following examples of mortgage and real estate fraud investigations are written from public record documents on file in the court records in the judicial district in which the cases were prosecuted.
Defen...
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The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
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Hey BP!I've been speaking to a lot of investors/agents in the San Diego market and the feedback I've been getting is pretty disheartening. I've been told time and time again that cash flowing rental properties near S...
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What's going on BP Family?!I'm so excited to share with you guys what I've discovered and the numbers I ran for my early retirement plan! I recently was introduced to a gentlemen's YouTube channel by a friend of mine....
Hi BP, So it’s time to put up a fence for our soon to be completed flip. My wife wanted to start working on it, but there’s a bunch of nasty bush/ trees blockin the property line and the existing fence only runs hal...
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Reading another thread, @Nathan G. said "I suspect it's in the neighborhood of 20% (of landlords) that hold reserves and even fewer that hold the proper amount."I see a LOT of people asking how to start investing with...
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So, I'm still learning the ropes and not ready to jump in to actual investing just yet, but I just wanted to throw my plan out there and see what people thought of it (especially Kansas City folk). Obviously the main ...
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Why YOU should become a hard money lender:1. VERY limited risk if you underwrite properly2. returns up to 60% per anum or more3. easy easy investment--just collect mailbox money4. much LESS work than being a landlord5...
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I'm curious about neighborhoods as it relates to turnkey/ buy, fix, hold purchases. Most of us have preferences for A, B, C, or D neighborhoods when it comes to investing and rule out the others. My hunch though is th...
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I'm new to this forum, but hope to add value since my area of expertise (credit repair) benefits real estate investors and seems to be neglected in this community.
On October 23rd, the Federal...