Spencer Gray
Rent Control: Investing in California just became less attractive
This is a bit of a rant, but I had to get it off my chest.California, following in the footsteps of Oregon, once again is acting with emotion and without reason or a sense of how economics works by passing a cap on re...
Scott E.
THIS is where AI is going to change the game for real estate investors
While I've been having fun following the AI craze over the past several months, I've have had a hard time seeing where AI might disrupt the real estate industry... but it just clicked.
Here's my prediction - Over the...
Nathan Frost
Business Line of Credit
Hi all, how can one use a line of credit to add rental properties to their portfolio? Can someone give me an example? Bank said I could use it as the down payment and then get another bank to fund the loan. I am tr...
Matt Pieper
Refinance question (somewhat academic)
Hi All,Going thru a refi right now on a SFR property and wanted to hear your thoughts. The basic numbers: 123k balance with 16 years remaining. Current rate is 5.49 Im talking with Quicken Loans about doing a refi, ...
Jeremy Schreiber
Lawyer or RE Agent for turnkey investments?
Hi BP Gurus,It appears that when investing with a respected turnkey company, they attempt to sell directly to you. Their sales people are effectively serving as the real-estate agent, which creates some mis-aligned i...
Anthony Antonacci
Self-Managing a Small Multifamily
Hi BP Community,I am evaluating a duplex in the midwest as a long-term investment property. I will NOT be living in either unit but live in town and plan to self-manage the property. This would be my first investment ...
Benjamin E.
Help! Loan Officer screwed up three days before closing....
Please help! I am three months in to looking at properties, finding one, negotiating the deal, getting under contract, clearing inspection items and seller credit, getting the lender appraisal, etc etc. Closing date i...
Larry H.
Bank wants addendum waiving lessees option to purchase
We bought a rehab house with the intention to flip, but it ended needing too much work. I am almost into it for the appraised value. We put a tenant with a lease option. I am about ready to close on the refinance and ...
Scott Costello
Not progressing Like I would like
I've been actively wholesaling for the past 2 years and have only been able to close 3 deals (1 the first year and 2 this year). I get calls from my yellow letter marketing campaigns to out-of-state owners with respo...
Minna Reid
All out of pity...
Ok so I hear this story several times a week; "I bought it last year (or the year before, or refinanced during those times)...at that time my house appraised for XXX.... Now I cant make the payment, I just need out, P...