After reading the Millionaire Real Estate Investor by Gary Keller, the one concept which I had not previously considered is "the discount you require" as one of the key factors in your buying criteria. I would appre...
My house by is worth roughly $385,000 i owe $233,000 on the loan. I bought the house in March, 2015. So if i were to sell the property today then my capital gain would be roughly $152,000. I lived in this house as my ...
The title essentially sums up the question. I'm sure there are many out there who live in markets that have a high financial barrier to entry and have thought about investing elsewhere.
As a first time investor, I'd...
Hi BP community. I’m hoping I can describe for you my situation and see if you agree with what I’m considering doing. Any feedback and advice is welcome.
I have been buying rental properties for about 15 years here i...
My best friend and I have a 50/50 stake in a rental property. He has a family and kids and did not have the free time to invest in real estate so he asked me to invest with him knowing that I have the time and experti...
I have been in the buy and hold market for several years and a business partner and myself are considering flipping a few houses per year. We have done a good bit of research on the topic and it seems that many pe...
I have just received notice that my loan was declined from my conventional bank.
I'm considering approaching the seller about his options for seller financing. How should I approach this?
I know this is generic, b...
I asked advice from an acquaintance that has around 20 rental properties. His advice was simply "Don't do it"! His reasoning was as follows:1. Unless you are a handyman, and can fix things yourself, you will never...
Always make sure you do a quick inspection right before the closing on any property you are buying. Here is why..I was scheduled to close at 9:30 today, went to the house and saw an active sewer leak in the basement....
I'm buying SFR in pre foreclosure and asking the lender(s) for short sale.The owner selling as FSBO to me. Lender on 1st.(Chase) wants the owner list the property with RE Agent even the owner has an offer on it from ...