
1 July 2018 | 9 replies
Some ideas:Become a part time auctioneer associate with an auction companyMeet with investors, offer to bring them good deals in return for a percentage of the equity or a referral feeGet a real estate license now, get into that culture to learn the businessTalk to home improvement companies (only the owners), offer to bring them leads (home improvement leads for windows, kitchens, bathrooms siding etc.) in return for cashThere is a great book that's been on the market for a long time; 500 Ways to Make Money Without a Job, look it up.Put together a friendly joint venture (family, friends associates) to raise money for investments.

21 January 2016 | 9 replies
This small act on my part raised the value of the property significantly.

26 November 2015 | 3 replies
Obviously I wont have any experience right after I pass the school test and then the state license.Any advice on what should I do in order to start working right away and increase my opportunity to get some exposure to the market?

25 November 2015 | 3 replies
No big surprises, I don't think, being that there was a house there not too long ago.I was just contacted by the REO closing coordinator and he said that "a dye test is required for this property and it is the buyer's responsibility".

26 November 2015 | 5 replies
Another rental I didn't raise the rent for their renewal because that local market in and of itself would not support it.

25 November 2015 | 2 replies
Straight out of high school I served in the military and then spent the past 10 years working in IT.I have finally reached a point where I’m tired of working for the corporate industry on a limited salary while doing nothing for my retirement.For the past year I’ve been watching house flipping shows and decided I wanted to give it a try.Six months ago I bought my first house with a 203k loan that I’m currently living in so I could get some experience.I paid $167,500 for the house and took out $35,000 with the 203k.The house was a probate that had been abandoned for 5 years.Half the house was on a concrete slab that had sunk about 4” in the middle and it was completely outdated.We removed 2 load bearing walls to open up the kitchen, knocked out the back wall, built a new subfloor, and put up a 4 panel sliding glass door to let in some sun light.We installed porcelain tile in the kitchen, stainless steel appliances, new cabinets and quartz counters as well as recessed lighting.We fixed the foundation problems by mudjacking to raise the floors and carpeted the back 3 rooms that sat on top of the slab.As you can imagine we ran through the $35,000 quickly.The 2 bathrooms are still outdated and the house needs new siding.After the renovation we had it reappraised (per the 203k loan agreement) and they said it was worth $215,000.About 3 months after the renovation I attended a 3 day Fortune Builders seminar and come to a realization I probably could have saved about $20,000 if I had systems and processes to follow before I purchased the house.After listening to BP podcasts and hear other people’s experiences I’m quite fortunate I didn’t lose money.This sums up my real estate investing experience.

7 December 2016 | 3 replies
Has anyone used a 1 pager format to introduce investors to RE investing (SFR rehab projects) and raise capital?
2 December 2015 | 9 replies
But I thought he was the professional and there is a one year warranty on the job, so was surprised he didn't make sure everything was good before going ahead with the epoxy.So we're trying to get him back here to see what he has to say, but also wanted to do a few test on the drain pipe, just in case there is a leak.

2 December 2015 | 18 replies
Sometimes landlords don't raise rents for years on fear of losing good paying tenants.

4 December 2015 | 13 replies
It basically means that the landlord is only allowed to raise the rent at the rate of that year's inflation.