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8 July 2018 | 6 replies
I’ve listened to many podcast episodes of BP, I’ve read just a handful of different books on the subject, and most recently started an online course to get my real estate license.
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30 June 2018 | 1 reply
From what I've read two very simple rules for your investment decisions should be that 1) it has to cash flow and 2) it needs to be value add so that you can force appreciation.
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3 July 2018 | 18 replies
I am going to continue to read real estate and investing books, read forums on Bigger Pockets, and listen to the podcasts for the rest of this year into 2019 to arm myself with knowledge to make the process easier come time to take action.
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3 July 2018 | 15 replies
If you need a further proof, read "One thing" by Gary Keller.
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16 July 2018 | 7 replies
Look forward to reading about your success!
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2 July 2018 | 12 replies
As I read through Alex Goldovsky's book Bulletproof Title Due Diligence (great book btw) and some of the potential title issues come to light, I'm wondering what jurisdictions you experienced investors have blacklisted and will not invest in.
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28 June 2018 | 11 replies
Take the whole evening reading, if you like.
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5 July 2018 | 19 replies
It was fixed and just closed on 6/14/18 for $759,000.Breakdown/Deal Numbers:Acquisition Costs (AC): $525,000- Purchase Price: $510,000- Closing Costs: $15,000 (hard money points and fees based on $408,000 loan amount)Rehab Costs (RC): $80,000Monthly Mortgage costs: ($2890 per month for 6 months = $17,340)- Utilities: $600Selling Costs: 2.5% (as a Broker I listed the home myself and saved the other 2.5%) Sales Price (SP) $759,000 closed 6/14/18- Commissions to Selling Agent: $18,975-Selling costs (property taxes, title, escrow, etc) $8,000Total Net Profit: $109,085 – Taxes & Any Additional Selling Costs- $759,000(SP) - $26,975(SC) - $17,940(HC) - $80,000(RC) - $525,000(AC) = $109,085Before:After:Thank you for reading.
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29 June 2018 | 6 replies
Yeah, he's the guy that's on all our podcasts, but the man wrote a great book that outlines so many strategies that really allow you to expand your financial possibilities.It's less than 200 pages, and I read it in 3 sittings.
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9 July 2018 | 21 replies
I read plenty of "Bigger Pockets" more specifically "THE BOOK ON INVESTING IN REAL ESTATE WITH NO (AND LOW) MONEY DOWN".