I just finished my first flip. The house was purchased off the MLS as a banked owned. Asking price was 119k and I offered 125k cash two weeks closing. They accepted the offer. Repairs. I am purchased a house flippin...
Hello everyone!I just made my account and am excited to become more involved on the forum. I've been listening to the podcasts for a couple weeks now and it is definitely making my commutes more enjoyable while teachi...
Could use some Tax Attorney or CPA advice! Here's what I have.. My husband and I live in a small Western New York College Town. We currently own over 20 properties primarily Student Rentals; 1- (6 unit 1bd), 1-(3 bldg...
Had breakfast with a close friend of mine this morning and I explained that my goal was to eventually have minimum of $5,000 month coming in (after taxes) from rentals in low income / working class neighborhoods. And...
Two years in the making - one year late and we have our 1st STR just outside Breckinridge CO. We chose to go with Evolve vaction rentals because of the low cost, low hassle and professional recommendations. So far so ...
Is there anyone else using the same strategy as Sharad in episode 155, for buying cheap properties all cash and using little or no debt? To anyone that has used this strategy, have you been able to quit your job yet a...
I'm thinking about taking out a $25,000 P2P loan (Lending Club, Upststart, Prosper, etc) at 6.9% interest rate for 36 months, and then investing in a note fund with a pref return of 10% for 36 months. I've put it in ...
I own about 6 million in real estate. There is three million net worth, most of that equity, some cash on hand (1 million). I cash out refinanced last year to buy more properties. So my cash flow was reduced of course...
It sounds weird that the PM's business is against the landlord's interest. They need you to spend money and you try to save... It's sleeping with the enemy part 2. Is this rights?
So this is a hypothetical... But I am very motivated and eager to quit my day job. Last year was my first full year as a Real Estate wholesaler, wholeTAILer and flipper. I completed 17 deals last year, 15 of which ...