Cory Baker
Friend with no equity calls...Can I help?
17 July 2016 | 1 reply
., he will have to feed this property every month or it will eat him alive.
Kyle Godbout
To replace the ac and furnace or not........
23 July 2016 | 10 replies
However, since you'll be renting the places out, do you want to eat the repairs later or replacement now?
Account Closed
Triple net lease
30 March 2017 | 16 replies
The property taxes are eating up most of the rent every month. ( $1700 / m ).
Shawn Tang
First RE investment
24 July 2016 | 27 replies
If you can get in on the low cycle and sell on the high you could make some money but you'll work for it by renting in between and holding costs will eat your profit.
Mark Kelley
Raleigh, NC Investor
9 July 2016 | 22 replies
If you are truly cash-flowing at Five Points you already own the goose that lays the golden eggs :-)
Derek Jones
Stale House Next Door
7 July 2016 | 3 replies
The owner is a really old lady that has just been eating property taxes and insurance for an insane amount of time but is clearly not super motivated to sell it for some unknown reason.
Forest Williams
Do I borrow the money for rehab 10%
6 July 2016 | 6 replies
That being said, thats the risk you run with every deal out there - that you might lose money and will need to eat the loss.I would definitely do it.
Ida Lyons
Newbie and held back by fear
8 July 2016 | 8 replies
Do this under an LLC so that if ALL HELL breaks lose, what's left of your personal nest-egg is protected.
Drew Brashier
New and anxious to get started in Greenville SC
19 July 2016 | 11 replies
Often "getting started" means taking a year to make budget sacrifices so you have a nest egg to start investing with as well as cleaning up or establishing your credit history.
Rodney Marcantel
When NOT to buy a house that looks good online
14 July 2016 | 8 replies
At 95K cash I would want to see close to 25-30% return on my cash on a flip, because my time eats away at that return.