Ibrahim Hughes
Seller's 1099 Concern Prohibiting Her From Doing A Short Sale
Hi All. I have a seller who doesn't want to go through the process of short selling two abandoned investment properties because they don't want to get a 1099 from the lender and pay taxes on the forgiven debt.
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Samantha M.
Predicting When Interest Rates will Rise
My gut feeling tells me interest rates are going to rise here in DFW here shortly. What key indicators do you look for, or what business websites do you monitor to figure out when interest rates may rise?
Andy Argonaut
Any way to do a deal with a seller asking full retail all cash?
Does anyone know of a way to profit when dealing with sellers asking full retail and all cash i.e. not offering terms of any kind? It's basically a traditional sale.
Would be helpful to hear from folks who mi...
Kevin Panella
Lots of equity in two properties, not sure what to do next?
I’ll try to make this short....44yro married with 3 kids, good paying job, very conservative Primary residence in Southern California. Owe 480k, property worth 1.5mil. Locked in at 2.65 for 30 years.Rental Southern C...
Maya Quarles
Newbie here! I would like to introduce myself to the forum
Hi BP family,
My name is Maya and I’m located in the Phoenix, AZ area. I’m new to the real estate world but I’m interested in dipping my toes into the wholesale arena first. Any tips for the Phoenix? I’m sure things ...
William Duncan
401k vs. RE Investment: Which one is best for you?
I have been noticing interest rates continuing to drop and have seen them hit 2.5-2.75% recently. As a 26 year old, I have been aggressively putting money into my 401k for retirement and paying off student loan debt. ...
Eric Beise
My First Deal - An Inspiration to Those on the Fence
This is my first deal as well as my first post in the forums, so here it goes!I bought a SFH in St. Paul, MN back in October of 2014. Just a little over 2 years in I wanted to share my success story as an inspiration ...
Alex K.
Finding off market deals
How do I find off market deals ? I would like to find a property for lower than market rates and buy at a lower price . I would like to try to do direct mail any tips and advice ? I'm thinking of buying a list of nods...
Eric H.
How much to spend on postcard campaign?
Hey BP Fam,I would like to know an average cost of a postcard campaign per piece. My marketing plan calls for 6x4 postcards. Any suggestions on size for max ROI. I have calculated anywhere from $.20 - $.53/piece. The ...
Ryan Dossey
Do you ever stop setting aside 35%?
I know the general rule of thumb is that you put aside 35% of your rental income for repairs/maintenance. Is there ever a point where you don't need to set it aside anymore? Common sense would tell me no because thing...