I reached out to a lender and I was told I had to have capital of my own. I thought you didn’t have to have capital? He told me any lender is going to require me to have capital. He basically told me to save up some m...
For years now, we have all known that a good portion of the traditional real estate agents job is unnecessary. This is a heated topic for a lot of people particularly if you are an agent. The best argument for the t...
Most of the discussion on this forum seems to cater to the DIYers. I haven’t seen much discussion on routes for passive investors to make similar or comparable CoC, cash flow, and equity as regular active investors. I...
Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
A recent blog post really, really struck me as bad advice. http://www.biggerpockets.com/renewsblog/2014/10/08...This is not the way we want investors to be representing us, and definitely not the kind of advice that t...
Hi All! I had to share. Against all conventional advice and wisdom, I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top o...
Any suggestion on the best way to look up historical comp value of a home?
Background…
1) fahter-in-law sold a home recently. Need to pay the capital gains tax.
2) Trying to look up the historical value of the hom...
We had a conversation with a guy today and it went something like this:"Hey I saw you hauling some lumber the other day. Whatcha building?""We bought a rental house and I was fixing a safety hazard." (Concrete step at...