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I invest in foreclosures in the Monterey Bay region. I have been doing this for 2 years and have had 7 profitable deals.
This is a short tutorial of the process. By the end of this post you'll have...
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I am considering acquiring properties to be rented under the section 8 program. My thought is, buying between 50-90k livable (or less than 10k rehab) and being able to rent for 2% or at least close to it trumps the ca...
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Being in a relatively expensive market I know how discouraging it can be to try and break into real estate scene, particularly the multifamily space. We're in Portland, Oregon and very few cases can you hit the 1% "ru...
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Just got of a call with the Builder's lender financing team. This is for a new construction SFR (expected completion - Sep 2024) which will be used as Investment Property.
That's the rate they quoted (7.5% with 2.2...
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What is the cheapest piece of real estate you’ve ever purchase?
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Hello BP,I currently work with a Bay Area Wholesaler, and soon I hope to start up my own wholesaling business in order to raise funds for investing. Here is my concern: I am not confident there are many motivated sell...
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Let's say you have 5 properties that - due to economic and job market conditions in the area - only command enough rent to barely cover mortgages, insurance, and taxes. Nothing left over at all for maintenance, repa...
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Actually, I inherited THREE terrible tenants. But one is causing me more of a pain than the other two put together. Here's the summary of my three tenants:1. The continually late nice guy - artist. living paycheck to ...
Hello
From what I understand, with no experience in real estate investing, mobile homes only depreciate and that banks don’t see them as having any increase in value after repairs. Is this true? I would like to begin...
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Hello all,A tenant recently lost his job and the other person that provided income went away. After he missed rent he mentioned he just got a new job and would pay, after a week, he stopped answering my calls so I wen...