Corey Frank
Finding where in forecloser a property is
While driving for dollars my wife and I ran into a vacant house that has JP Morgan Chase stickers on the door. I am guessing this property is being foreclosed but have no idea where in the process it is. My question i...
Van Doan
Triplex, Possible First
FHA 203k O/O in a C+ revitalizing neighborhood. C property. Comps are going for 200k or more.Price: 150,000Repairs: ~20,000 rolled into the loanDown: 3.5% 6000Premium: 795/moInsurance: 33/moPMI: 175/mo100 years oldGMI...
Mike Russo
Is the Real Estate Market Inefficient?
I recently heard a investor on a podcast say, "The real estate market is the most inefficient market in the world." I stopped to think about that statement and I'd like to flush it out. Do you agree or disagree and wh...
Scott Simpson
Elderly owner wants to sell, but worried about capital gains hit
This is now the third owner I’ve met who owns a dilapidated rental property (in an expensive market) who was open to selling but ultimately passed on the deal because of the capital gain tax hit. Their rationale was t...
Akeem Ogle
Hard Money Appraisal Lower Than Expected
Hi,I'm relatively new to investing, but have completed deals with hard money financing thus far. However, I am currently trying to piece together a deal with an ARV of 370K (My number) in Atlanta (East Lake Area), but...
Christopher R.
Is it okay to buy and hold in a different state?
Hi! I posted a question in a different post about how it's more difficult to find a property with a more favorable monthly rent/purchase price ratio in the Triangle Area, NC specially close to the Reasarch Triangle Pa...
Michael Lee
Door Knocking Pre-Foreclosure List?
Hey BP members,Have anyone in here ever went door to door knocking a pre-foreclosure list? Any results? What is your experience? Would you recommend doing it? I don't mind getting rejections so I would like to give th...
Johanna R.
How to Vet a Private Lender
Hi All,I've been shopping around for portfolio loans to refinance some of my rental properties.I was contacted by another BP member who has has private lenders who said he and his partners can help me refinance - his ...
David B.
Stockpile houses or go commercial
I was recently contacted by an investor asking why I have not considered investing in large apartment buildings. I currently invest in single family homes and small 1-4 unit apartment buildings. I am a full time inv...
Joel W.
Buy a SFH or Pay off Primary Residence? (Newbie in Portland, OR)
Hi Everyone,
I'm very new to real estate investing and wondering if anyone has any idea/thoughts/suggestions on whether I should buy a SFH or wait until I've paid off my primary residence. I've been reading a lot of...