Anyone have experience in renting to Section 8 tenants in Mobile Alabama? I've heard you can purchase properties in $20K - $40K range and rent for about $800. Cashflow sounds good but don't know if it's worth the hass...
Hi BP, What are the advantages/disadvantages of buying a note versus buying a turnkey (or vice versa) in terms of cash on cash return, depreciation, deductions etc.? How much depreciation do I get from 1 property/year...
It's easy to buy into the narrative that we are living in uncertain or unique times. While there may be a small element of truth in those statements, the truth is that nothing we are experiencing now and likely are to...
We are the kind of LL that bends over backwards to return deposits, if at all possible. But if ever there were a time that I would want to keep the deposit, this is it! I have posted previously about them, and their...
Currently working a direct mail marketing campaign to whole sale my first deal.What do you do when you have a direct mail marketing campaign and the leads that call back currently have the property listed on the marke...
I've heard @Joshua Dorkin and Brandon Turner mention in the podcast... and I've seen a couple forum posts talking about it... BUT I can't seem to find any good examples in the FilePlace.Anybody willing to share (or he...
Hello all:
Got a potential note seller wanting to sell one under these circumstances:
Approx 74K face value
7% interest
Balloon due 1.1.2012
Note holder has not called note.
FMV of RE securing note is approx. 80K.
Ask...
Hello Canadian BP ers, Does anyone here invest in the Muskoka region of Ontario? Curious if anyone has land investments there or can speak to their experience with renting, flipping, or investing in cottages in the re...
I just started training in March. I've gotten marketing tools out including business cards. Postcards, and ads during April. My goal was to make my first deal in May. Its going on June and I haven't even acquired my f...
I've been preapproved for a $516K VA Loan, which is the entitlement I had left, to purchase a home in Honolulu. For this amount, my options are pretty much condos/townhomes in good neighborhoods. I could probably buy ...