A tenant of mine has been living in a rent controlled unit since the '80s & pays $1000/mo. for a 3 bedroom (market is $3,800). It has come to my attention that a new sublessee has moved in a few days ago. The orig...
I know that Excel is fantastic for crunching financial numbers for our RE deals, but it can do so much more. I am in the process of building a spreadsheet that utilizes formulas, buttons, macros, and hidden sheets th...
Anyone heard of Bavex Lending before? I came across them in a FB group for REI and thought they had a good deal on long-term financing. 5.5% recourse 30-year term for LLC. Everybody else asks for at least 6.5% and 2 p...
I've been looking at mls for houses to flip, but in los angeles there isn't a lot of deals. I want to go directly to the court house for auctions. Anyone know when the next one is and how the process works? Can I get ...
Is the entire industry plagued by people who think they're entitled to a chunk of every deal without working for it or being responsive to customer needs?I called a mortgage company that is capable of doing 203k loans...
I am a first time homebuyer and have been looking for about a year now for a good foreclosure to buy low and finally found the right one in our price range. I saw it the morning it came on MLS and called my realtor to...
Hi Everybody-
I'm brand new to the real estate investment scene... but have certainly done my homework over the past year.
Recently I have spoken with an owner regarding an owner financed deal. These are the basics...
Hi, I am an investor in Tampa, Florida (Hillsborough County) and I recently won a property at auction. You initially deposit a non refundable 5% prior to auction, and than pay the 95% within 24 hours. Here is the situ...
Over the course of the last couple of years I have learned a tremendous amount right here on BP and I've realised that I haven't been particularly active on the forums. I guess that's partly because I don't feel I hav...
Imagine you have:-$170k cash-No investing experience-Steady W2 covering all living expenses and providing $1,500 savings per monthWhere would you go and what would you do?