
8 August 2017 | 3 replies
But truly the most important thing is to figure out how to generate a steady flow of motivated seller leads, and then convert them into GREAT deals.

1 September 2017 | 2 replies
I have no experience but from my understanding, these would be my guesses:1) No longer responsible for the maintenance or management of the property2) no more dealing with tenants3) guaranteed positive income (assuming all payments are made) and steady return on money.4) loan is secured by the property that they already know the value of5) lessened or deferred tax implications on capital gains by spreading the sale out over time. 6) chunk of change up front (down payment)7) balloon payment after designated note term for the remainder (assuming this is how it was negotiated) wherein they can take back the property if you can't pay.

15 August 2017 | 2 replies
The biggest difference for HML and flippers if finding that steady stream of profitable opportunities to rehab and resell.

13 August 2017 | 1 reply
I have steady income and positive cash flow on my current rentals.

31 August 2017 | 14 replies
Again, this is not a stab at all drillers but as a word of caution that this is typically more common with this type of tenant.There are several different job types and stages in the oil field.Beginning of a well:Construction crews (builds the pad)DrillersPipeliners (come and go as well depending on the current pipeline infrastructure or lack thereof)Truck drivers (equipment)Fracking crews.After well construction:Construction crews/welders (build compressor stations and/or transfer stations)Truck drivers.After well, pad and construction is completed: (These are your more steady, longer term tenants)Pumpers/gaugers (maintain the well and oil/gas production from the well.)Production employees (manage the flow of gas and oil and sends those products to the buyer)Mechanics/maintenance employees (maintains compressor stations and other equipment)Environmental regulatory compliance employees (small number of these people)Truck drivers.I'm sure I have missed a bunch and not every well and/or company operates exactly as stated but that is the basics of it.I'm not sure if you wanted to read all that.

22 August 2017 | 11 replies
@Phillip KimIf your passion is real estate why not keep your day job for awhile, and start investing while you have a steady income.

8 September 2017 | 36 replies
I prefer not to, but rather than say it is better or worse, here are the pros and cons from my POV:Pros:Initial cash flow is higherPurchase price is lowerMore distressed properties/sellers so that it may be easier to find a steeper discount below market price (on a percentage basis)Easier to diversify in the sense that you can buy more doors, since they are less $/unitCons:More management intensiveGenerally lower quality tenant baseCash flow is less steady/more volatileHigher CapEx and vacancy ratesTypically less market appreciation over the long term in both prices and rents.

12 September 2017 | 23 replies
I have definitely seen sale prices go up in the last two years and rents are holding steady or creeping up a little.

18 August 2017 | 4 replies
I'm currently enrolled in my real estate coarses to get my license however I was offered a job at a real estate agency that would hire me while I got my license then progress further from there. would you leave a secure job with decent income and benefits in exchange for an opportunity to learn more about the industry or just educate myself get my license and then just use it to work on getting my first deal done while I still head a steady job?

17 August 2017 | 1 reply
This year has been different, with steady gains in sales volume as well as listings and inventory throughout the summer.