Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
Hello,I closed on a property that I intend to rehab and rent out. SFH in a class B neighborhood and rent is $1000. It has 10 windows, and most of them are in decent condition expect that they don't open properly, or w...
Hi All, I'm running my numbers and could use any tips. Is it possible to find properties that meet the 1% rule, but are still not cashflowing? I'm looking at deals (2-4 units), many of which seem to meet the 1% rule ...
Hello, I am a brand new REI and am excited to get started.I am a young guy still in college. I am studying to become a Software Engineer (and hopefully someday design software for REIs). I have secured a few internshi...
I am currently working a retail sales job making 25k a year and I have been trying to move my way up into commissioned high end home theater sales where I could make between 60-100k working 50-60 hours a week.
I thou...
Hi Everyone, I am a new wholesaler (started about 6 months ago) in Central Massachusetts. I had someone call on one of my online advertisements (for the sake of this forum: Joe Smith). The gentleman has a property ...
Hi all,
I took a break from looking at anything the last few months and see that nothings changed in the last year or so in terms of, not being able to make the numbers work for anything. Specifically for SFHs and 2...
CORONAVIRUS IS AFFECTING COMMERCIAL REAL ESTATE
We have an office/retail building and our retail clients are having a difficult time with the shutdowns related to the coronavirus. Two businesses have closed their do...
Dabbler in rehab and other stuff, I need to get my investing back on track. BP, this is a wonderful place by the way! With cash being tight I must wonder, is it beneficial to pay now to set up an LLC, as if maybe le...
Considering the uncertainty of the market and economy, is this a good time for a newbie to take action or should we sit on our hands and wait for certainty again, whether the market goes up or down?