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9 January 2025 | 46 replies
The guy who claims he is the country's biggest wholesaler and has a "community" says in his video from yesterday Dec 31 (search #251 Wholesale Hotline | LIVE Real Estate Investing Q&A if interested in his "technique" start at 0:39:00 that the most recent transaction he did Was bailing out a guy in foreclosureGuru "bought" the house for $375,000 from the guy in foreclosureSold it back to them for $498,000 with a 6 month buy back option periodSeller had to give him $20,000 for the optionSo, guru will make about $148,000 on the transaction "Never been to the house, never had to lift a finger""No renovation, the guy is still in the house"Is this the kind of thing the new Oregon law is intended to address?
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7 January 2025 | 4 replies
I have built and bought a lot of them.
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16 January 2025 | 7 replies
A little history on my investment real estate journey if we can call it that….Back in 2005 my wife and I bought our very first home when we were 24/25, 3 Bed, 1 ½ bath 1500 sqft single family home for $167,000.
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13 January 2025 | 11 replies
No this was just going to be used to help with the down payment since I just bought a different property in June.
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10 February 2025 | 59 replies
I just bought a 2300sq house at auction for 71k.
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12 January 2025 | 23 replies
The reason for this is the university will likely want to expand & your street could have a high potential of being bought out by the university.
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10 January 2025 | 2 replies
If I had just bought this property and could force some appreciation, I could refinance and hopefully extract that equity within a year, for example--but since this house is paid off, refinancing would introduce a new mortgage payment.What are the options here?
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8 January 2025 | 22 replies
I bought my first investment property cash, for $101K.
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31 December 2024 | 14 replies
My belief is that Praxis is the gold-standard.
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17 January 2025 | 9 replies
That helps some...but your variable expenses also go up too - property insurance & taxes - so a lot of your rent increases go to offset rising variable expenses.I started at the age of 47 in 2018 and we bought properties fast and furious - 12 the first year, 10 the next, and 9 in 2021 and currently have 38 properties.