BiggerPockets

Tom Bukacek's Articles

1. Alternatives to Foreclosures and Bankruptcies for Distressed Homeowners

   over 1 year ago

   Many distressed homeowners who are behind in payments or owe more than their property is worth believe that their options are declaring bankruptcy or letting the bank foreclose on their home. Howev...

2. What is Private Mortgage Insurance and How Do I Get Rid of It?

   over 1 year ago

   Imagine having a rental property or a subject to property that you are leasing and being able to knock off $75-$150/month from the mortgage? If the property has appreciated or the loan has been pa...

3. Steps For Beginners to Ensure Real Estate Investing Success

   almost 3 years ago

   The 5 steps to making real estate investing successful are finding, analyzing, acquiring, tracking, and promoting properties. Also key to new investors is the ability to build your team through ne...

4. The Basics of Short Sales for Beginners

   almost 3 years ago

   Short sales are generally used when the seller is both behind on payments and owes more than the property is worth. They are best used to create equity where otherwise equity does not exist.

5. The Basics of Wholesaling for Beginners

   almost 3 years ago

   Here is how it works: An investor finds a property well below its market value, gets the property under contract, and then assigns or sells the CONTRACT to another investor or buyer to complete the...

6. Ultimate No Money No Credit Strategy - Subject to...

   almost 3 years ago

   But for the sake of this article, the use of the term ‘subject to’ is in relation to purchasing a property "subject to the sellers existing mortgage remaining in place.” This phrase means tha...

7. Understanding Value in Multi-Family Units

   almost 3 years ago

   Owning an apartment complex is not as difficult as it may seem. Like any other discipline, successful investing in multi-family dwellings can be learned and private capital can be raised to acquir...

8. What is Seller Financing in Real Estate Investing?

   almost 3 years ago

   Seller financing is when the owner takes a second note, or even finances the entire purchase of the property in order to assist the seller in financing a real estate transaction.

9. The 7 Steps to Successful Negotiations for Real Estate Investors

   almost 3 years ago

   Negotiations is not a science, rather it is an art and the degree of success most often depends on the negotiator's knowledge and application of various tips, strategies, and tactics. The purpose ...

10. Bird Dogging - An Ideal Way for New Investors to Get Started in Real Estate

    over 2 years ago

    Understandably, many people who realize that real estate is the way to build wealth don’t necessarily want to invest the time and effort into an industry that they may not like. So what is the b...