Over the last 5 years, I have acquired 9 rental properties in Phoenix, AZ. Homes cash flow approx. $450 per month each (some more, some less), and there's quite a bit of equity now since the market has risen. Amount o...
Last night the appraisal came in ahead of my first deal. The property was valued at $153,000. My offer was $178,000. The 2010 appraised value was $172,000; rent has increased and they've made improvements to the pr...
Howdy Folks!I'm new to the BP community and I'm excited to be here! I'm a real estate fanatic. But now that I'm middle-aged (40), I'd like to simplify life. San Francisco has had a great rocket ship like run and I'm ...
Public Service Announcement I was scammed by a company called Xplicit Home Loan they offered me a loan of $280K for an investment property I was looking into. They claimed to be a private money lender. After sending t...
I bought a duplex that I want to house hack. We just listed the downstairs unit and I’m getting a lot of people asking if we work with Section 8. Can I legally tell them “No” because of the ‘Choose your neighbor” laws...
Just out of curiosity, how many of all your properties do you have a mortgage on and how many do you fully own? Mainly talking to buy & hold people, but flipping would also be welcomed, and really any type of REI ...
Hi everyone, I am looking to learn more about Pre-Foreclosure/ Foreclosure homes and how to buy them. If anybody could give me any pointers that would be great. If anybody has actual experience that would be AWESOME!!...
My tenant has been with us for a year and a half. Rent is about 15% over market with a rent increase 6 months ago and they haven't missed!HOWEVER ...... when I sent a contractor over for a few minor violations (smok...
As you may have heard, today Fed annouced QE3 of 40B per month (i.e. printing press) with no end in sight. Precious metals soared instantly along with the stock market. I wonder what it means to the real estate market...