Marcus Griffin
Buy subto sell via wrap question
Im closing on my 1st subto deal at $300K(240k mortgage balance, $60k Partial claim balance) Seller interest rate is 3.4% payment is $1900. I'm looking to wrap this to a end buyer for $350k at 9% interest 10% down. Sho...
Cornelius Charles
Diary of a New (wannabe) Investor in Southern California
I joined BP in March of last year after stumbling across the site while searching for real estate information. After a few months of research and study, my then-fiancé and I decided we would pursue rehabbing/wholesali...
James Wise
Why do people Buy Property in California
Do people still buy property in California for any reason other than the weather? Seems like everything else about California sucks. High taxes. Soft on crime. People just stealing whatever and whenever they want. Hom...
Chris Meunier
Pros/Cons to paying off rental property early
Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...
Joseph Dzwiniarski
Evaluating Deal-Class A tenant (NNN lease with percentage sales)
Brief background - My family will need to 1031 a property in the near future and will need the income to live off of. I'm already managing 2 of their rental properties and will not have the capacity to do a third. As ...
Esther Thomas
1031 Exchange Scenarios, need some advice
Hi everyone,I have a SFH (it’s been rented out for about 7 years) and I want to 1031 exchange it in the semi near future. I have a few questions and wanted some insight into the implications of a few scenarios I'm con...
Jeff Barnes
New SEC JOBS Act rulings
I know this is an old thread, but the SEC just lifted its advertising ban today, and soon you will be able to advertise for private money a little easier. There are still several restrictions, but they aren't as seve...
Andy H.
Las Vegas Realtor Telling Me to Offer Above Listing Price for Short Sale and REO
Is Las Vegas a different market than Orange County, Calfornia ? I'm an investor looking to buy a rental property in LV. I got a realtor looking through craiglist. Anyhow, she sent me a few homes, and each time I te...
Angela Ruiz
My husband and I would like a mentor...
My husband and I are very very new in REI... WE would like a mentor! We want to make educated decisions and need a little help in different areas. We live in the Winston-Salem area. PLEASE contact me if you think y...
Jared Chenel
How Realistic is this?
Hey guys,My question is "how realistic is it to get to 30 properties in under 5 years?" I did the math and if I can get an average of $200 in cash flow per property, this will allow me to live more than comfortably. I...