
22 July 2014 | 3 replies
The purpose for my real estate investments is to augment a pension and retirement plan/portfolio, which is robust, but how much is too much, right?

24 July 2014 | 5 replies
I had Little to No Money & No Experience but a few REI Boot Camps- basically No Experience...To say I've had a lot of Failures during my 14 years of being involved in studying REI is an Understatement...If I was starting all over again, and my objective is to be able to build a robust REI Biz that can allow me to rehab 6-12 homes a year, wholesale 2-3 properties per month, and build a rental portfolio...I would first focus on getting good at one objective first...Generally most people start out wholesaling because it doesn't require the money or experience rehabbing or landlording requires...I would start with Wholesaling...go find 5-10 very good rehabbers and find out their Criteria for a Great Deal...Commit to building Value for them and ultimately a great relationship.With this you will already have buyers lined up, you know what areas to look for properties in, and you can research public record and see what they are paying for properties on the acquisition(and also ask them, but keep them honest by researching public record)...At this point become the best wholesaler to these rehabbers...you will learn a lot just in this process alone...How to evaluate Comps, Repair Values, Neighborhoods, etc...Which a great wholesaler will know how to do...It will make your deals easier to sell...Ultimately I would see which one of these Rehabber will be open to the idea of partnering/mentoring me on how to get into that arena...They may even allow you to follow the progress of their deals...Every deal has its surprises and over the course of 10-20 deals you will get a real life idea of what those surprises are, and even understand the "reason why" you calculate certain contingencies into deals and also what are the most costly mistakes or repairs to look for and avoid on deals...The value of this Experience will accelerate your learning curve...In my experience one mistake for a beginner can cost you a ton of money and even put you out of the rehab business.There is no way you can learn all the mistakes you must avoid by reading a book or taking a 3-day training program.

25 July 2014 | 8 replies
Carpet in bedrooms and office, engineered hardwood in the living area and tile in the bathrooms, kitchen and laundry room area.

25 July 2014 | 5 replies
I use Zillow as my primary real estate search engine and comping tool and it works as long as you know its limitations.

8 October 2015 | 58 replies
Only ONE source just doesn't cut it... to a man with a hammer, everything looks like a nail.Here's the ways that I have NEVER used:Bandit SignsYellow LetterBillboardTVRadioYou TubeCraigslistPostletswholesalerbird dogobituariesdivorce noticeslandlord tenant court casespartition suitadverse possessioneminent domainany firearmsmarriageinheritance (I bought property that people inherited, but I never inherited any property.)game showlottery winninggambling proceedsbriberylyingcheatingstealingsquattingturn key providerbought from relativegiven by relativewedding presentI have bought property from the following:US Marshall ServiceVAHUDState Highway DepartmentHoarder's estateProbateSheriff SaleGovernment Tax SalesThird Party Tax SalesWord of MouthLetter solicitationCo-workersNeighborsVerbal auctionsSealed Bid auctionsPublic SalesBank REOsRelocation CompanyArsonist in prison for burning down his own houseMurderer in prison for killing his wifePerson who needed bail moneyMLSPerson owner occupying a vacant lotPerson living in a garagePerson with multi-million dollar IRS lien (happened twice different people)title problemsflood zone propertyseptic problems & failed perk testsNewspaper wanted adSeller who wanted to do something that zoning did not permitLandlocked propertyCode violationsProperty encroached about 50% by neighbor.Left over lots in subdivisionUnfinished subdivisionLife EstateAcquired lead from attorney, engineer, government official

25 March 2014 | 3 replies
The general rule of thumb for rentals is over-engineer the remodel.

30 March 2014 | 10 replies
If he tells you that you may need a structural engineer it may be a bigger unknown .not seeing it sounds like one or a few of the joist are damaged. if that is the case it can be repaired in a day a so with sissor the joist or install new joist to put the load back on the joist that is transferred.Jeremy said termite could be but one look will tell you what is going on if so you treat it and do the same thing if the damage is not to bad.

25 October 2017 | 30 replies
Frames cannot be penetrated by search engine spiders, so any content (text) will not be used for organic optimization, whereas text contained in tables, can.

27 March 2014 | 1 reply
It looks like the data feed isn't robust for our area, which may be true for other areas as well.