Adam Zach
How Many RE Investors are Engineers?
28 April 2022 | 684 replies
I do my own electrical work (after learning about circuits), Air conditioning (after learning about Heat transfer), and even something as simple as treating a pool is just a simple chemical equation.I love real estate.
Account Closed
I’m 17 and don’t want to go to college
24 February 2020 | 150 replies
Life isn't all about partying and what's happening on the social circuit (though office politics and the pecking order is definitely a real thing, and you'd benefit from learning how to navigate that).
Lisa Yan
Where do I find houses to flip in Houston?
28 July 2023 | 17 replies
Johell Aponte totally misrepresented a rental home to me and without compunction took $14,000 plus of my life savings and I got a home that is easily condemnable between the fireplace being cracked the breaker box being in shambles with breakers falling out into the electrician's hand.
Flavius Alecu
Is negative cash flow really always a bad deal?
28 April 2020 | 21 replies
If it is supported by other investments, negative cash flow in itself is not a deal breaker for me.I have bought several properties where the monthly income did not cover the outgo but the equity position was such that I simply could not pass it up.One example was a small rental I bought in Georgia several years ago.
Cindy Mathew
Morris County newbie :)
11 February 2022 | 15 replies
Here are a few tangible steps to help you really get started in your REI journey-Deal analysis: Analyze a ton of deals in your area or area of interest, become a pro at it, learn the going rent rates and get a feel for what a "good" deal is in your town-Laws: Learn the laws and rules that govern property ownership and being a landlord, your town may have specific rules, but also look at the state tenant laws too-Walk property: Go to as many open houses as you can find in and around your area, get a feel for what the inventory looks like, see if you can pay a handyman or contractor to walk through with you and point out issues in key areas of the homes, this way you can get an idea of what issues are deal breakers and what issues are minor
Julia Sung
Is NY or NJ better to invest as first property?
9 December 2021 | 30 replies
This isn't necessarily a deal breaker for some, but I try to steer away from these kinds of properties, myself.