Hi everyone - sorry my intro will have to double as my cry for help! :)Here is a summary of the issue:My husbands father purchased a vacant 8-unit building under one of his companies in 2012. A while back, father in l...

We just bought our first house last year in Long Beach and so far have earned some equity.We really wanted to jump into real estate head first and we always have been fans of the famous flipping shows, especially "Flip or Flop."

For instance, if you were looking for Real Estate Investors in Cleveland, you could make Cleveland one of your keywords and anytime someone mentions it in a post you will immediately be notified so you can join in on the convo.

Seems like you've got good plan in place and a good property to give you a head start. 

$160k purchase price with $1200/month rents is a 9% gross yield which is a bit low but not horrible especially if you think rents and values in that area are headed up.

Help!

I am a newb when it comes to real estate investing. A family member came to me recently, knowing that I am looking to get into REI. He is selling a property in a rural area about an hour and a half northwest of...

Help!

I am a newb when it comes to real estate investing. A family member came to me recently, knowing that I am looking to get into REI. He is selling a property in a rural area about an hour and a half northwest of...

Unless you live right next to this place, I think your hunch that you are getting in over your head with this property is dead-on (your title for this thread).

I too am new and wanting to get started with little money so I don't waste my time on filling my head full of stuff I'm not ready for right now.  

I will start with the details regarding the property then where I'm at now Back in May of 15' i came across a property that was heading to sheriff sale due to foreclosure, i was planning on bidding cause this house is in the perfect location to me, close to work and my family and has plenty of land etc. which make it ideal for my needs.