Ok so I have a lead on a 20 unit complex. All units are 2 bedroom 1 bath units. All unitswill need a complete rehab. All units are vacant.The exterior of the building is in good shape and will need very little work. I...
I started my real estate career in 2012 so I have never actually worked in a downturn or a slow market. Lucky me. Just curious on others thoughts. I don't see how prices can keep going up. All the fundamentals are st...
"Why I Borrow for the Terms I Do How I handle the Balloon Payment"I almost always borrow money from private lenders to buy my houses. I borrow at the following terms;$0 Down payment8% InterestInterest Only5 yr TermNon...
Why I Believe Striving to Build Passive Income is OverratedThis may seem like a disingenuous statement coming from a passive income guy, BUT, I believe that those looking to build sustainable look term wealth would be...
I've been looking at multi-family properties where I live in CA and out of state. I haven't found a single one listed for sale that meets the 2% rule. Do they exist? I'd love a link to one of these unicorns just to se...
I hate my job and want to quit ASAP. I'd like to leave next year after bonuses (Feb 2015). I am going to be a buy and hold investor using a management company. I have a nice pile of cash saved up to invest.
I...
I'll admit, I'm totally confused about easy permits and the required inspections. It was our understanding, per 2 different professionals (an architect & licensed GC), that we do NOT need rough inspections when do...
I’m in the market to buy a laptop to do real estate (i’m an agent) but i’m not sure which one to buy (I would prefer an Apple laptop but I’m open to other suggestions)? Thanks for your assistance.
A little bit about my market/competition. There are 3 premium hotels in town. They offer breakfast, a pool, gym etc. They are $600-$700 per week. People that stay here while they work don't mind spending the extra...
(I'm kind of copying @joederobertis' other post asking for predictions about beachcities poised to boom.)Since so many neighborhoods in LA have been gentrifying recently into "cool yuppy/hipster" areas. Heck even San...