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How much to save before investing???
15 February 2007 | 5 replies
If you are going to be a successful businessman then you need two things among others:1) the ability to plan out how you are going to conduct your business2) the financial discipline to manage and grow your assets while limiting your liabilities.In this particular business (real estate investing) our two biggest assets are our credit and our cash on hand (followed very closely by our own personal education/knowledge).
A J
Beginner looking for help with researching foreclosures.
26 January 2007 | 2 replies
I am just starting out in real estate and I wanted to offer this site for help with getting the auditors office in each county through out the US. http://www.netronline.com Also I wanted to ask if there are any resources that any other members use to find out information about the properties such as any liens on the deed and finding out if the previous owner had a mortgage and things of that nature.
Vernon Henry
Delimma
5 February 2007 | 12 replies
In fact you can take the profit and find a home and pay cash for it free and clear and enjoy a nice chunk of positive cash flow every month for the rest of your natural life (as long as tenant is in place).
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Transaction costs
26 January 2007 | 0 replies
These may be more time than money costs, but still, they're duplication.The net of it is, by nature of the house being sold twice in a short period of time (once to me, then, after some fixups, once to an ultimate purchaser), there are a lot of one-time transaction fees that are absorbed two times.
Michael Kenny
Rossville, TN Land Outside Memphis
6 August 2007 | 3 replies
Most if not all major metro cities are growing including the areas around them (within logical commuting range).
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Newbie College Student!
29 January 2007 | 1 reply
I think it is a great place for newbies to start and to learn and grow from there.
Calvin N.
What do you like most about your realty company?
22 February 2007 | 8 replies
The idea of profit sharing is rewarding agents for growing the company and they call it a downline.
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Hello from WI
6 February 2007 | 4 replies
Looking to start with a few rental properties with some cash flow, but my plan is to invest long term and grow into some larger multi-family properties.
Minna Reid
Should I put money down if I don't have to?
7 February 2007 | 6 replies
t=6143 for more discussion on this topic.Since you seem to be naturally leaning towards the leveraging concepts, I would recommend that you thoroughly research the other side of that to fully understand the benefits of paying down property.
Les Williams
My 100 post
7 February 2007 | 3 replies
The site is really starting to grow quickly now.