Will Barnard
Senate Bill 94 - California
Are any of you short sale investors aware of Senate Bill 94 which was placed into action October 12, 2009? If not, you need to read up on it right now. While it only affect us in CA, other states are soon to follow, a...
Linda L.
What you should be concerned as 1st lien holder if there's 2nd loan?
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
Mary Hoyt
paying more than appraised value?
Ok, we went back to the drawing board last night and decided what kind of cash offer we are comfortable with on this distressed triplex (a 1935 house turned into a triplex in 1995 that has stayed at 90% or higher occ...
Ariel G.
20-30% Rule
Hi Brandon and everyone.Regarding "The Ultimate Begginer Guide to REI"' 30% rule , or Brandon's "7 years to 7 figure wealth" plan proposal of a 20% discount offer, what do you think according to your experience:1. Wh...
Aaron Millis
Great way to start off the year!
Hi BP,It's always nice when you get to click "Real Estate Success Stories" as your Forum Category:)I would just like to share with the community that I am now an owner of 2 properties, because I just closed my 2nd dea...
Dawn Anastasi
Another Rental Property! (This time a townhouse)
Okay, so I just posted back a couple of months ago regarding a 3 bedroom single family I bought on July 15th. But, I had the opportunity to buy a 3 bedroom townhouse.This deal actually started back in May! I visited...
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 ...
Jesse Petrillo
Home Inspection Dilemma - 24 Hours to Decide (pics included)
Hello all,I'm in the process of purchasing my first single family rental property as a long-term buy and hold. I'm located in CT and purchasing in the Atlanta area, so I can't see the subject property in person. I rec...
Nathan Arceneaux
How to build a RE portfolio while managing a full time job
Hi Guys,I work in Corporate America, typically about 40-50 hours per week plus travel at times. At home we have two small kids. We have little time to invest in real estate, but have managed to build a decent portf...
Christian Rojmar
Tenant going through hardship
Good morning BiggerPockets,
Would love to get your input on how to deal with the following situation.
My tenant for the last 7 months whos lease will expire at end of May next year just called me and told me that on...