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My wife and I are coming into a lump sum of 20k and would like to invest in realestate. I currently have one rental house in metro detroit that I share with my father. It is rented to a friend for 700, and we bought t...
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Sent a letter to a home owner one month ago. Received a call that they want to sell. Turns out the property is still in the name of the deceased parents in which they owe 70k on the mortgage. The house is in pretty di...
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Hi everyone!I just wanted to introduce myself. I'm new to BP and REI, but am very excited to learn more about both! Maybe there will be a house flip or two in the future, but I'd like to start off with rental properti...
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1st Point: I'm in my earliest stages of reading books, forums watching DVDs etc and learning all that I can about REI. I've narrowed down my goals and motivation to flip houses. After analyzing a potential (deal) prop...
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I ran across this study by some professors from Trinity University in San Antonio yesterday:Retirement Savings: Choosing a Withdrawal Rate That Is SustainableHow much is enough is a popular topic on BP since many peop...
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I've been crunching some of the numbers as outlined by numerous people here on BP for some of the houses in my area and producing cash flow on rentals just seems like a long shot. As an example one neighborhood I'm lo...
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Has anyone used Green Home Solutions? Please share your experience. I have a property that has mold 33 ft from the floor (indoor gym) So the look of the end product is important. I wonder if anyone has any experience ...
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I've been told to be that focused to find a deal as if my kids have been kidnapped and I need the ransom! I feel that motivated but not sure how to market in December?Would appreciate any advise. Also, I'm in Portla...
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Can you 1031 exchange an owner occupied investment that is FHA financed?
Hello every one, I did what read in Biggerpockets forums and now I'm getting lots of possible sellers emailing me and calling me. Now this is what one of the Sellers ask me and i would like to no how do i RESPOND to t...