I'm glad that you found a friend who also was starting out in real estate and I'm THRILLED that you quickly learned that what works for him, isn't necessarily your Golden Ticket.

Not a huge gamble.

Hi all, I am new to investing and thrilled to get going.

I'm making the best out of  a sticky situation however oddly thrilled I'm getting to learn and be able to show commitment.

I dream of spending my days relaxed and excited to find another deal just for the thrill of it.

I saw some numbers that I was not quite thrilled about, and I was wondering if anyone here would be willing to share what kind of numbers they are looking at in terms of rehab costs.1.

If the rents are not covering the costs, then you are gambling on appreciation. 

Which is weird considering he was not really halfway done.Anyways good timesThey are Characters...it’s a gamble ...their pride of ownership....Have fun!!!!

I don't know if Venmo would get involved, but technically if a tenant were to go to them and say "the landlord told me to pay this way", Venmo would technically be allowed to reverse the payments since it is not to be used for goods and services (unless you are set up with hem as a business and have the payment button option).Credit cards are also a big gamble. 

Does anyone gamble with flooded homes.