28 April 2018 | 25 replies
I don't consider the place an investment, it's my home and while I intend to rent rooms out (and can possibly profit from that if I'm lucky) I am happy to pay the whole mortgage and utilities myself and live alone.
26 April 2018 | 4 replies
You may not want the liability/headaches that come with being a landlord so rentals may be out of your interest whereas if you are just trying to maximize profits and earn cash in the short-term, selling & flipping could be more your speed.
26 April 2018 | 10 replies
He has a great story about one deal where he put in an offer way below asking, had the agent come back multiple times asking him to come up on price over the course of several months and ultimately got the deal (with a big profit built in) by sticking with his original offer based on his due diligence.
25 April 2018 | 2 replies
Does anyone remember the podcast episode where the guest described a unique/alternative way that they took their profit, after the investors got paid?
13 May 2018 | 4 replies
You can talk to a private investor, but not sure I see a big enough profit in your deal to take it on.Start living like no one else does, get a second job or a better job, so you can save $20-30K and you can make this happen.I've had to pass on two deals 'cause I didn't have the cash to put 'my skin in the game' (just put $70k into buying a primary residence).
12 May 2018 | 2 replies
Lastly, for this post, I am keenly interested in creating my web presence quickly with an eye on SEO and content as a main lead generator as we are driving for dollars and scraping data from tax delinquency and probate lists.
23 May 2018 | 12 replies
With wholesaling, you're looking at the after repair value and the ROI for the investor buyer.In the simplest of examples, say that $100k property would be worth $200k after $40k in repairs, you put it under contract for $80k (the seller gets $10k profit) and assign the contract for $15k, that leaves a good profit margin for the investor buyer.
15 May 2018 | 11 replies
I can absolutely say that investing there has been VERY profitable.
17 May 2018 | 2 replies
You need to lay out who owns what, who pays for what, who is responsible for what, what profit your each entitled too and many many more things.
14 May 2018 | 50 replies
Lots of wealthy foreigners have speculatively driven NY real estate prices unnaturally high because they want to own a "piece of America"...investing in places like NY is more of a big game hunt for status rather than actually investing to generate passive income...And investing in houses is a fools game in general.