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This past week was a pretty good week for my real estate business in getting several new houses under contract. Each seller's situation was different, and each person had a different personality type, negotiating sty...
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Hello BP, I have a question regarding hard money loans and the debt-to-income ratio. I want to use a hard money lender to purchase a medium-sized multi-family property for buy and hold purposes. After the rehab, I wan...
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Hi everyone, as one of my first steps I'm going to get my real estate license for New York. I've found what seem to be good options for both online and in school classes. As a mom to an 8 month old baby girl, the onli...
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Any thoughts?
http://www.nytimes.com/2014/03/16/magazine/the-cold-hard-lessons-of-mobile-home-u.html?rref=magazine&module=Ribbon&version=context®ion=Header&action=click&contentCollectio...
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Hello Bigger Pockets members,Attached is a copy of my direct mailer that I have been sending out for the past three months. I'm looking for any advice on what I should/could change to improve my response rate. I have ...
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Not looking to get political but I’m curious how others think, from a real estate perspective, how the new SAFE-T Act that goes into effect on January 1st in Illinois will effect real estate across the state especiall...
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Hello my BP friends.
I have a few leads on vacant properties that are run down and have basically been abandoned by the owners and I want to send the owners a letter offering to buy their property. Do any of you have...
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During the downturn my wife and I bought a few rental houses here in our neighborhood of Queen Creek (Phoenix). This spring we decided to sell one of them using a 1031 exchange and purchase the some replacement prope...
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Hi there,I currently own a primary residence in California, and am closing on two SFH's in Missouri -- I have a Umbrella policy in place to cover beyond my homeowner's insurance for my primary home in CA, but my local...
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At risk of admitting to over thinking this scenario, I'm having a difficult time determining the best approach to completing my financial model based on using a line of credit. The LOC is partially secured by a CD at ...