Zach Harsin
Taking Action - What's your excuse?
After hearing that my 90-year-old grandfather, who now relies on a motor scooter most days to get around, just returned from a trip to obtain continuing education in order to his civil engineering license active, I re...
Carl Flint
How Do I Avoid This Wholesale Paradox?
Hey guysI have yet to do my first deal. I have 6+ months of research and the “learning phase” under my belt. At this point, I know that in my market I want to start with wholesaling.I am going on realtor.com and other...
CL Ziegler
20 percent down, always? (is it possible to do less?)
Hello,
Is the 20% down payment guideline a fixed rule across the industry? Or, is it possible to get a mortgage on rental property for a smaller percentage down payment? (maybe 5-10%, or even *gasp* no money ...
Robert Taylor
Should I spend the time necessary to try to create a "brand name" for my flips?
I've been flipping houses full time now for about 2 years, I did it part time from around 2004 to 2007 and got back in a couple of years ago when I saw and heard that the market was good again for flipping. In my f...
Deborah Cavallaro
Construction, permitting, plans and engineering costs in L.A.
Hi BP Community,I'm considering doing a high end redesign and addition to an 1800 sf SFH. I'd like to redesign the existing first floor of the house and add a 1400 sf second floor for a total living area of 3200 s...
Sam Erickson
Successful Sheriffs Sale (Was the only guy there!)
I successfully won the auction for a property that went to Sheriffs Sale in Racine County. The outstanding balance was $116,900, however the open bid was $124,167. This caught me a little by surprise. I had watched...
Daniel Porter
My biggest fear happened: a break in
Well today it happened folks. Got to the property I am currently rehabbing and found the door kicked in, with all my tools stolen. This is my first property, and I’ve been rehabbing it by myself for the last few month...
Account Closed
Investing Internationally
This is very simple, in which countries you're investing and why?
I travel a lot, and have relatives in more than 10 countries so it will be interesting to know your opinions.
Neil Schindel
Seller Wants to Sell House for Less Than Mortgage
I am currently working with a seller who owes 70k on his mortgage. His house is assessed at 63k. It has a finished upstairs with 2 bedrooms and a bathroom but isn't added to the assessment because it doesn't have A/C....
Account Closed
The Annoying "mortgage interest" write off
Recently I've heard (or seen) some real estate guys preach and preach and preach about how keeping mortgage debt is good because you don't lose the mortgage interest deduction. This is very misleading to a new invest...