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6 September 2016 | 1 reply
Some of advice that is a common theme among all the resources and discussions is this: "You make your profit when you buy a property, not when you sell. " and "Buy under intrinsic value."
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30 August 2016 | 15 replies
These numbers are approximately and based on financial institutions that I contacted and gave me quotes. 1. 220k x 3.5%= $7700 downtenants pay: 1200 x 3= 3600 mortgage: 1387 (tax, PMI, etc included)water: 170cap x: 200 (appliance depreciations, repairs, etc)loan: 176 (10k loan; my personal loan obligation) PROFIT: 1,667 mon. (20,004 yr) **I could save 6 mons from the profits and pay off the 10,560 from the personal loan.Property 2; I would write and notarize a contract up between me and a relative or close friend that will state that if they apply and qualify for a 30k loan which their monthly payments will be 528, I will pay them 10k over 12 months (834 per. mon).
29 August 2016 | 3 replies
Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!
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4 September 2016 | 4 replies
BP seems like a great resource with a lot of experienced people.
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29 August 2016 | 1 reply
I've read a few blogs, been to a courthouse auction to observe, and now found this great resource.
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31 August 2016 | 18 replies
I would advise any licensed agent to discuss with a qualified and knowledgeable attorney, the state laws pertaining to real estate licensing, wholesaling (if any), potential financial liability, and potential of license suspension or forfeiture before making any move in this direction.
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6 September 2016 | 10 replies
Informal affairs to network and try to find resources for your next project.
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22 September 2016 | 5 replies
Check out J Scott's book on Flipping Houses, it would be a good resource if you will go by that strategy, Good luck.
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30 August 2016 | 12 replies
HI John my name is Jerome, I know I can Help build you financial RE portfolio.lets talk and see how i can best work call me 6096000306
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9 October 2016 | 7 replies
We're off to a good start building our rehab team and have pulled together the resources that we need to pay cash for our first attempt to buy and flip.