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Hi BP,On January 5, 2015 my partner and I put our first property under contract. On January 30, 2015 we closed the transaction and made $17k total profit. This thread will detail how we found the deal, obstacles we ov...
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I just had a not to plesant experience with a short sale deal I had on under contract in november, so I found the deal on the mls, I put in an offer for 115k a few days later the agent calls me to say that there are m...
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We have been looking to buy a rental property in Long Beach despite the negative cash flow and high prices. (I know, we kinda have to) and our budget is around 280k-330k. What I have noticed is that the inventory is e...
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Hi BiggerPockets,
I know this Question in being Beat to Death, and sorry if its repeated on an earlier Forum questions, I have read earlier posts, and just want to see if anyone has a clear answer on my situa...
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At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...
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I’m in contract on a small deal for 500k. A long time friend of mine expressed interest in being a cash partner, simply looking for a better return than his savings account. This would be through monthly cash flow or ...
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Hi BP family! I have been reading and absorbing lots of fantastic info from this great community, and I have learned a lot from you all. Time for me to give back.A quick story about me, I love real estate. I just l...
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Just bought my first investment property and will be using it as an STR. I'm debating on creating an LLC when listing my rental. Has anybody else done this? I'm doing this to protect me if any accidents happen in/on t...
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Not sure if this is the right place to post, but I figured this is where the people with the right knowledge would be:I'm a beginning investor near Denver, with 1 SFH rental, looking to learn and grow. I met a guy at...
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Hello All,I will have around $1M in capital that I'm looking to generate 8-10% CoC returns for the purpose of replacing active income. I've decided to go the financing route to protect the value of that $1M against i...