Account Closed
Tenant pays first $100.00 in maintenacne???
22 July 2018 | 16 replies
As an owner I only trust myself or my agents to maintain my property.
Mike Dymski
Overcoming Fear of the Market
10 October 2018 | 14 replies
REI has historically been very competitive.Cash is not king in real estate investing...deal flow is (lots of it).If you don't start now, you will have no experience or relationships if a correction occurs.If a correction occurs, lending/capital sources can dry up.Investors over-estimate their ability to pull the trigger when prices are crashing and there is no end in sight.If you can generate even a small positive IRR from real estate during an economic recession, idle cash is the risky choice (and is very costly over long periods).All properties and markets will not loose significant value in the next down cycle (real estate is local and good locations will always perform well).Investors can add as much or more value to a property than the potential loss of value in a downturn.If we have capital that we have to put to work, prudent real estate can be the flight to safety.I don't like investing into a hot market but sitting on the sidelines for years is not a viable strategy...just have to be really careful.If you are a market appreciation only investor, ignore this post...that can require some market timing.Interested in everyone thoughts.
Zachary Pilz
Hard Cash For Lifting/Moving Houses
20 July 2018 | 4 replies
These are not rundown homes but well maintained with regular inspection.
Rufus McLaren
Reinstating mortgage and taking over a Pre-foreclosure/short sal
25 October 2018 | 10 replies
I could get about $300 a month positive cash flow, and I own the property free and clear in 17 years.So I guess the real question is, besides rare circumstances like this - what would be a reasonable reward, payment, etc. to make it beneficial for me to dig someone out of a hole and make it worth their while to trust me for the next 15 years.
Millie H.
New Build In Columbus Ohio
30 July 2018 | 3 replies
One of the many positives is that the lot was previously developed and still maintains municipal city service connections.
Mark Belew
New to real estate investing
20 July 2018 | 3 replies
My biggest struggle right now is trying to figure out how to properly estimate repair costs, so any suggestions there are appreciated.I have been thinking about taking the leap for years, and have finally set myself up to be in a position to do so.Can't wait to see where this goes.
Deangelo Mack
At a Road Block. What to do
19 July 2018 | 1 reply
My current position haunts me EVERY SINGLE DAY and I want higher ground.
Tremayne Guest
New BP User in Woodland, CA Investing in out of state SFRs
23 August 2018 | 4 replies
There is so much positive energy and excitement within this community that I wished that I would have joined sooner.
Charlene Chow
New to REI looking to house hack or for multi-family
26 July 2018 | 11 replies
House hacking may be your best bet to build equity, and maybe refi to pull funds or continue to save and put yourself in the best position a year or so from now to make the move to strictly investment props!!
Ben Pohle
How to structure Private Money Deal
29 July 2018 | 4 replies
Expect a couple of points either way.To protect myself, I am in the first position on the property as the lender.