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18 April 2022 | 25 replies
What competitive advantages does your w-2 provide (any co-workers who are handy that can assist in your BRRR for a wage?
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5 April 2015 | 3 replies
I thought i found a honest one, but they asked for a co investor with with a credit card limit of $6000.00.
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26 September 2015 | 30 replies
Are you going to manage it yourselves or are you hiring a property management co?
5 June 2016 | 30 replies
When I am in Memphis for the size of the town ( mid sized) I see more boarded up apartments . and they stick out.. because in our area you would be hard pressed to find one in a metro area of 2 million. much less drive around those areas and can see 10 to 20 of them on any one day.
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31 May 2016 | 9 replies
I always thought a private lender is someone you already have a relationship with (friend, family, co-worker, etc...).
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8 May 2021 | 5 replies
If you were to be in the market for a ‘fixer upper’ and getting into the world of REI (thinking ahead to using this as an investment/house hacking down the line) The Good Neighbor Next Door loan is another one that could work for you as a teacher (even if you worked part time and taught even a co-teaching half time schedule to maintain teaching status- I would verify that with a lender and still obtained real estate license (I can try to help you connect with some if you’d like) but for you specifically as some lenders you won’t be able to qualify with a commission based (potential at that for now) income for two years (two years of tax returns) in a lot of cases. https://www.hud.gov/program_offices/housing/sfh/reo/goodn/gnndabot Along these same lines a Homestyle loan product may work for you too, having a decent down payment and great credit score.
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23 October 2022 | 10 replies
Who knew being a real estate investor was so glamorous 😂😂😂 HIRE a PM co, much less headache and stress1st mistake, providing appliances, NEVER, now its your problem, They buy its there problem
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15 February 2015 | 10 replies
It becomes a burden for loved ones when things turn out to be too much work or an inconvenience even though they don't want to let you down.If you want to go the buy and hold route, I highly suggest having a business partner/co-owner that has the same mindset towards investing as you do AND is local to the area you want to invest in.
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12 February 2015 | 5 replies
If the reason is that they are just backed up, find a co that's not.
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20 February 2014 | 10 replies
Besides wholesaling, I eventually would like to do fix and flips on my own and with partners on a deal by deal bases in the Essex Co. and surrounding area.