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12 January 2019 | 14 replies
I am excited to begin my real estate career.
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15 September 2018 | 1 reply
I feel like I have my bases covered, but am wondering if I'm missing anything obvious or if you have any tried and true questions that help weed out the bad ones.Overall - can you help me get over the fear I'm having about handing my units to a company who (seemingly) will sweep in, re-lease to their paperwork (thus charging me 8 re-leasing fees), disrupt the tenant and their current habits (all of which are well-trained save for an older Section8 gentleman) and ask them to make changes?
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17 September 2018 | 5 replies
Don't file eviction on your sister - just talk her into moving because you have to pay mortgage etc.Family is more important than money, that's why it's a bad idea.
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15 September 2018 | 2 replies
Hey all,
I have a property under contract that I’m looking to assign. The comps are 125-135 for this type of property. 2/1 1.1sqft built In 1940 but it has 1.21 acre which is why I took this deal over the price I Set...
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15 September 2018 | 4 replies
I'm planning to do a 1031 because like the idea of deferring taxes, but given that I have limited REI experience I'm concerned about forcing a bad deal to avoid taxes.
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16 September 2018 | 7 replies
@Sarah London sounds like it's a bad deal if you're looking for cash flow.
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9 October 2018 | 11 replies
.$3000/mo rent-752 fixed cost-240/mo property management -120/mo 4% vacancy factor-240/mo CapEx costsLeaves $1648/mo $19,776 annually/ $275,000= 7.1% cap rate which isn’t bad as I didn’t account for the efficiency apt at all.
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17 September 2018 | 7 replies
Its a very bad idea to start relationship with new tenants on a sour note, and letting them move into the place that is not clean is just that.
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24 October 2018 | 6 replies
Hey all my name is Erik Petrovich and I am excited to pursue my second career in real estate investing and sales as an agent after serving 26 years in the military.
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18 September 2018 | 16 replies
@Alexander Reed, having your lending lined up in advance is never a bad thing.