I was the successful high bidder at a foreclosure auction late this spring for a single family home in my neighborhood in Pawcatuck, CT. Actually, I was the only bidder and was able bid one dollar over the minimum bid...
Hello,I was reading a book on Cash-flow and came across a topic on depreciation.I understand what it is and how to calculate it for a commercial property.. however I'm unsure how locate the value of the land a buildin...
Hi Y’all!
I am just starting out with the door knocking strategy. For those of you out there who have practiced door knocking, what are three things that you would love to share with someone who is just beginning ?
I am almost ready to purchase my first rental. The way I am doing this is by putting a mortgage or ELOC on a piece of property. I believe that I should be able to get between $126K to $157K. Now here is the question, ...
Looking for an evaluation of my proposed strategy.- Identify tax delinquent properties. Figure out which of them are owned free & clear or have low mortgage balances.- Make an offer to their owners like this. e.g....
My last post about military rentals focused on the 1% of Americans who always have a job, not matter what the market conditions were. This topic talks about BAH and how it factors into rental decisions made my militar...
Hi,We have bought a property from the foreclosure sale couple months ago. After the previous owner received our vacate notice, she hired an attorney to sue us, trustee and the bank. We have talked to trustee but they ...
Hey All,I am thinking of signing up for Ryan Pinedas mastermind rookie program. It sounds like its mostly wholesaling and flipping. Its pretty expensive about $8000 up front for a full year. I was wondering if anyone...
I believe that it's in the BP charter that every member is required to start a thread about either the 2% rule or the 50% rule at some time. So here's mine.Does anyone know when and where the 2% rule was first stated?...