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HI All,I just put in an offer for a home at $136,000. My Realtor assured me based on comps it would appraise for well over $100,000, so I signed a contingency stating I would make up the difference if it under apprai...
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As far as the "50% Rule" goes.
When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...
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I am 17 and I am obsessed with learning more to become financially free through Multifamily investing. My parents want me to get an MBA but I don't think that I need that to be a successful Multifamily investor. I wan...
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I was the highest bidder at an auction, however the reserve was not met. Right away I received the offer below:
Even though your bid didn't meet the seller's reserve price, the seller is still ...
A homeowner that contacted me from a yellow letter is willing to short sale her home. She owes too much. She is 6 months behind. The house needs a total rehab to be rent ready. She is supposed to talk to her mortgage ...
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Hi all -I hope I've posted this in the right area. I've just purchased a second home in Oakland, Ca as my primary residence. I now am trying to decide whether to sell or to rent my current primary residence (also in O...
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Hey BPers,
I've been chatting with an investor friend of mine who is learning the process of wholesaling notes. I love this concept because I understand wholesaling and note investing is a path I know I want ...
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Hello All,Just pondering if anyone has any tips or thoughts on the current Bubble in the Bay Area, CA and how to or not to get started in it with limited resources. The obvious answer is, you can't! Which is the idea ...
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Gooood mornin’ BP!
I have heard on several podcasts about the concept of “retrading” (the term for going back to the seller after you are under contract and asking for credits, concessions, etc.) and how it cou...
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Hello all,I'm a software engineer in Los Angeles, and have been an aspiring investor for about 10 years, ever since I read Rich Dad Poor Dad and the deal was sealed since I played Cashflow in 2007. In that time I have...