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Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling th...
My apologies in advance for being verbose, but the details are necessary. I've been living in my home for 7+ years and I've seen the neighborhood change with some property owners renting out their homes instead of sel...
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My tenant called me a month ago to complain that he has burned up three TVs and he thought the electrical in the house was faulty. I tested the outlet and it was around 119 to 120. I put in a new outlet and told him...
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2 years ago, I decided I wanted to get into house flipping, so I got my RE license last Jan. I sold 20 houses last year in my local market (ASHEVILLE NC). I wrote my goals for this year and on that list was to put mys...
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I have been considering rolling my employer-sponsored 401K into a checkbook/self directed IRA for the purpose of providing hard money loans because I am DISGUSTED by the low ROR I get now. What advice do veteran lend...
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I’m getting ready to buy my first rental property within the next 2-3 months . I have 13k saved up and I intend to use an FHA loan.The multi family properties in my area are about 300,000+ for a 2/1 duplex . I found ...
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I purchased a house with .33 acres in WA state, after carefully measuring it seems I only have .27. Apparently the neighbor to the back and side of me has been using my land(he built a little road for his truck and bu...
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Hi bp,
If I have $175k to invest in a property, where should I buy? Kansas city? Atlanta? Denver? Dallas? Please advise and tell me which city is best and shy?
Thanks, Hang
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Hello, I just bought my first property in Fort Collins, Colorado with a 3% down payment conventional loan. I am wondering what kind of strategies I can use to hit that 20% LTV the fastest?I am going to rent out two of...
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This kind of attitude scares the SH*T out of me!!! “This time is different” are the words scrawled on the wall of every financial bubble - from the South Sea to the DotCom Bust (1.0) to RE Financial Crisis - before it...