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I have a BRRR under contract to buy. Somewhat distressed Landlord. Here's the timeline, and I'd love to hear feedback on whether or not I should change some of the things about how I do business. Quick skim will give ...
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I am real close to getting a verbal approval from Wells Fargo on a short sale deal I've been working on.
Today they sent me a couple of more items they need to move forward; one was a "short sale contract addendum"....
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I have in mind of paying one of my properties off in the next few months. The advantage the way I see it is once I pay off the property it will free up my borrowing power a bit more so it will not be such a challenge ...
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One of the challenges that we all face today, I believe, is coming to know and trust people that we meet online.
This is an incredibly difficult task for everyone, and is why doing your due diligence on deals and peo...
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I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...
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As most of you know, Sacramento is a super competitive market right now. Every time a new listing hits the MLS, it's literally a matter of hours before the first offer rolls in (and several more after it), which makes...
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My partner and I spent all of our saturday searching local REO properties in our area. All together we looked at 28 of them mostly semi-attached, single-family or 2 family homes. Now, we got out of the car, checked th...
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Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
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Landlords and Property Managers should stop inspecting occupied rentals.For residents, an inspection feels like a prison shakedown without the cavity search.For owners, negative goodwill with the residents and some ph...
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Hi all,Well after doing (1) live-in BRRRR and (1) SFH BRRRR which is rented out now, I decided I wanted to do a true "flip". That is, buy a property, gut renovate, and immediately try to sell it. I had just recently ...