Tim Kaminski
Anyone in Tampa renting by the room?
25 June 2019 | 2 replies
I know it sounds like it can be pretty intensive with strangers in a house but curious.
Joshua Huggett
High quantity of Low investment "crowdfunding" approach
23 June 2019 | 5 replies
I see a market for those who are are wanting to dip their toe into the proverbial pool and test out real estate investing or those who don't have a lot of extra money but still understand the importance of investing.
Austin Cooke
how do you know when you're ready to invest in real estate
6 August 2019 | 18 replies
By talking to other newbie investors and testing your knowledge in the real world you’d be able to better assess where you stand.
Susan Elliott
Book on Defining Vision?
28 February 2021 | 10 replies
I'll see if I can get an audio book from the library (my first step to testing new book recommendations).
Lee Kozokas
California Pre-License Courses - Recommendation?
22 July 2020 | 8 replies
When we moved from Japan we were in Transit Billets over there....he was at David Grant Medical Center for 13 years before he retired.I am very close to someone that just used Real Estate Express for PreLicensing and the the weekend before the test took a webex through "REal Estate Trainers" in Southern Ca and passed the state test the firat time.
Colin Valenta
Avoid Refinance Fees
5 August 2019 | 2 replies
Let's not get dragged down in theories about why one channel is better, just test the waters with one from each.
Riley Brown
Moving to Milwaukee! House hacking opps?
15 August 2019 | 7 replies
There is plenty to learn in REI from property management, maintenance, construction, deal sourcing, contracting, etc and it is all labor intensive and any serious investor you can learn from pays for these services.
Aaron Tornes
Who is the "Contractor"?
8 August 2019 | 2 replies
If this is the first test of your team, I'd walk it and write your sow before hand and have a couple contractor's bid it.
Tim Y.
Should I purse this mobile home park?
12 August 2019 | 15 replies
I am a believer in being a deal "maker" rather than a deal "killer" but there are some things you need to know about this deal:1) Assuming that the lot rent is around $200 per month (guessing based on the numbers you posted) you'd have total revenue on REAL property of $3,400 per month.2) The expense ratio on this deal is closer to 50% due to small size and private utilities, hence a net income of $16,800 per year.3) At a 10% cap rate (I wouldn't go any lower due to rural location) the value of the REAL property is only $168,000 plus the value of the mobile homes which are PERSONAL property and cannot be "capped" (figure on maybe $3,000 per home x 14 = $42,000) so the total value of REAL and PERSONAL property is roughly $210,000 NOT $325,000.4) A park in a rural setting like this would have to have a strong test ad result (20 calls in 10 days) or the market is too weak to support the property.Based on experience, I would think this would only work in Nebraska, Colorado, Montana, Wyoming or some state in which there is still high levels of demand for rural housing and economic vitality to push rents in the future.
Jeremy Bloom
Dump or Keep? A dive in to my world to help a first timer
4 September 2019 | 7 replies
I assume it's worthless to have the guys come out before we have final test results but I hear ya to move on that and make some calls to start guessing.