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Results (585)
Doni S. New Member Here!
6 July 2015 | 8 replies
My problem right now is I am too young to do RE investment and have to find work for my living (according to my parent, and because too much energy and too little money!). 
David McCauley Looking to buy my first rental investment property.
25 January 2019 | 5 replies
If you do rely on them, be sure to read carefully through their exemptions and what they say about "degrees of fraud".This isn't legal advice, simply my opinion as an investor.
Jeff Brenot Property tax increases on rental properties
3 March 2017 | 13 replies
Here they do re-assessment every 3 years, some locations they increase on sale.
Alex Silang Getting a mortgage with no w2 or wage income?
26 December 2013 | 10 replies
At some point, I'd like to do RE full time.
Tawana Brown Wholesaling
25 September 2016 | 4 replies
I have been able to get a few wholesale deals from zillow, in particular the sellers were burned out and just wanted to get out of their properties... but I don't get very many deals from here.My recommendation to you: you can look for wholesale deals in zillow, redfin, trulia, etc but do rely on this method as your main source of deals.
Lisa Goodwin Offer Accepted - My First Investment Property. I'm scared now!
19 July 2012 | 33 replies
Just because something gets 20 offers does not mean it is a good buy.It just means inventory is low in the area or many people have more cash or credit than common sense when it comes to investing.If you do not need the cash now and want to build up equity and future potential cash flow than triple net might be something you look at.Typically the investor cycle has someone renting out a house,then a few houses,then a small apartment,then 1031 into a larger apartment,then maybe go into self storage,office,etc.Most investors understand homes but not the commercial part or the apartment part.Once an investor goes through this cycle they find they get tired of being a hands on landlord.This is when they look at triple net.The barrier to entry with triple net is what makes many start with houses instead.Most minimum pricing starts at 700,000 and goes up from there.Most lenders will not fund a loan under one millionso you are looking at all cash or a larger property with a loan at 95% ltv to 75% ltv depending on what it is.So you really have to have 250k to 300k cash to get started or equity proceeds from selling off something else to roll into it.Even with a house and you put in management you have to watch them to make sure they are doing their job.Any time taken away from your existing business of what you do best reduces your income.Now if you do RE full time and that starts outpacing your existing business then you might look at switching.With triple net typically you can get a 7 to 10 cap on purchase and rent bumps ranging from 1 to 3 percent a year.This is for restaurants.Some other product types such as pharmacies you get no rent bumps in the initial term.A house purchase might not be your best option.If you could explain what you are trying to do more it would really help to get a direction.
Jordan Schneider How do RE Agents Go About Finding New Clients
20 December 2016 | 8 replies

Hello BP,Was hoping to hear from some realtors in the community to see how you all go about finding new customers/clients who flip homes to work with.I would also enjoy hearing from some investors who work with agents...

Ian Kurela Graduation Advice, Banking or RE?
6 November 2017 | 3 replies
Why not start with banking for a few years and do RE on the side. 
Bryan Atkinson Emotions, Work/Life Balance: Transitioning from Agent to Investor
2 January 2018 | 2 replies
Also, I am happy that I got into RE before the investing side, because there's so many connections that have really helped me in this.So I guess, to answer your question, don't underestimate how hard it will be to transition, if you're like me and need to do RE while REI and not just quitting your RE to focus on the investing.
Wayne Fisher Best way to go about getting MLS access
1 March 2014 | 19 replies
I do RE part time and acquire clients only when I know I can handle there needs.