I want to apologize ahead of time for the long post but there are a lot of members asking questions about @Clayton Morris , with Morris Invest ( morrisinvest.com ) and not much information out there. I wanted to prov...
I'm fairly new to this forum. I poked around on here a few years ago. I currently have over 20 units. I'm a school teacher also. I have been doing this for about 15+ years. Does anyone have advice on who to talk ...
Hi fellow landlords,This year I have been particularly lucky to have 3 AC units blow up and 2 properties have flooding due to sewage back up in my properties (all SFRs). I wanted to ask the experts here if there is a ...
I am speaking primarily from a cash on cash return standpoint.San Antonio, TXDallas - Fort Worth, TXHouston, TXLooking for your personal favorites and pros/cons of each market. I am looking at SFHs and 2-4 units.
Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
Regarding small scale rental properties or I believe "buy and hold" is the term used around here (sorry, I'm new to all this).I notice that a lot of investors mortgage properties for 10, 20, even 30 years - whatever i...
The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
If I was to put in a very low offer due to the fact that the listed property has had no written offers in 2 weeks how would I structure that?Example: 100k property with an offer of 60kI know that's a large spread of 6...
Hello BP !!! this might be a bit long but please read along and help out a fellow newbie investor. I am in the process of obtaining my first flip deal. The seller's realtor has been in the business for 20+ years, ther...
I want to start wholesaling but before I can lock the property in contract they ask for proof of funds. I am now starting to get out there and wholesale but i don’t have 200k+ sitting in the bank. How can I wholesale ...