Joshua Dorkin
US Credit Downgraded from AAA to AA+
According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.
Thoughts? Insight?
I realize this may get political, but think this is an impo...
Tom Bukacek
Influencing the BPO
I was on a webinar about short sales recently when the speaker stated that he does not attend nor try to influence the BPO. He rationale is that he feels that if he tries to negatively impact the price of the apprais...
Bogdan Cirlig
When Low Purchase price doesn't make a great Investment option
In the today's real estate markets, investors are finding an abundance of distressed inventory and in some cases for prices that are 10% of the "replacement" cost of the property.After quickly glancing at the rents on...
Beary Bowles
How to manage low income tenants in multi Family apartment build
Hello ALL
I've purchases and self manage a 12 unit apartment building for approximate 1 year and a few months. I have assistance and marketing and screening and a on call handyman. Yeah this isn't my best system bu...
Ramsey Blankenship
Top three markets you are researching?
I recently moved from Panama City, Fl. to San Diego, Ca. The real estate dynamic is completely different in Southern California so I am forcing myself to learn market research across the country. I am interested in ...
Nick James
Section 8 not honoring original agreement
Hey BP,I recently renovated a 3 bedroom unit in my East Oakland Duplex and put it up for rent. I decided to accept section 8 applications and ended up selecting a single mom who lives with her 12 year old daughter. Sh...
Kevin Lunt
Who is your self-directed IRA custodian of choice & why?
I'm curious to hear people's choices and reasons for using and/or reasons for not using any of the numerous self-directed IRA custodians out there.
Katrina P.
How would YOU approach this deal? Or would you?
An agent that I'm working with, told me he has a short sale listed that is a "good deal". Here are some of the specs:
*On the market 91 days
*3 bdrm/2 baths townhome
*Price was reduced from $199k to $175k to $169k
*...
Joe Kim
Out of State Investing - NEW and IMPROVED
I recently had a post "Out of State Investing-SCAM! False promise land of cash flow".https://www.biggerpockets.com/forums/88/topics/351...I may have given the wrong message that out of state investing is not a good wa...
Ryan Swigart
Has anyone had their realtor urge them to use their lender?
I am relocating so I have a new realtor I have never used in the past. She has been very good so far. However, when I told her I wanted to submit the first offer, she called me and strongly urged me to use a local len...