Michael Van
What is an acceptable rate of return to look for?
Hello all,Just trying to wrap my head around what people are comfortable with as far as a good rate of return?If I'm putting down I've seen these numbers all over the place for residential real estate where people say...
Michelle McAlister
Tenant destroyed property upon eviction
My tenant in Florida destroyed unit (duplex) upon notice of eviction. Broke windows, punched holes in all the walls, damaged appliances. Do any of you file legal action to collect or do you let it go? I have a prope...
Jacob Reel
How does my plan of action sound?
I'm a brand new hopeful investor with no money of my own besides what I bring in with a 28k/year job.
My plan was to start marketing right away. I'm going to put out signs, craigslist ads, and generally drive around...
Matthew Jones
Please help, all advice needed!
Hello everyone, I'm hoping I can get some good advice here as well as help with understanding the basics and creating a plan. To start, I am 28 and completely lost right now. I am an OTR truck driver who came on the...
Jonathan Thrasher
general labor for demo/cleanup
I just bought my first house to flip last month and have since done quite a bit of the demo work myself but I'm looking to hire a one or two people to finish some of the demo and haul the crap to the dumpster. Do I j...
Account Closed
I finally got my license and start my new job Friday!
As the title already states, I finally got my license and got hired and start on Friday :)My broker tells me to not EXPECT to get paid my first year and the average newbie closes about 1 deal their first year, is this...
Chris Nothing
Finding investment deals
I've been researching for awhile now, but I'm still lost on exactly how to find properties that will yield a good return for buy&hold/rental situations
Feedback appreciated!
Kyle Whitehead
STRUCTURING PRIVATE MONEY
WE ARE NEW INVESTORS JUST PICKING UP OUR FIRST STR ON THE GULF COAST THIS PAST OCTOBER. IVE BEEN APPROACHED BY A NEIGHBOR THAT THEY WANT TO SELL ME THEIR UNIT. BEING THAT WE JUST AQUIRED OUR FIRST, WE HAVE NO CAPITA...
Steve Sauro
Help understanding Mortgage broker fees in Delaware?
Hello - I have a lender I've used for 4 deals in MD. He is creative which helps me. I just put an offer in and it was accepted in DE. I thought my lender was licensed in DE but that will not happen until 1.1.22 He...
Dan Brindley
Does 2% rule apply to financed as well as cash-bought home rentals?
This may be a silly question, but does the 2% rule apply to homes that I would buy outright?
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One more thing, is the 50% rule only applicable to financed rentals? Be...