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Just have a general question for those of you with wholesaling experience. I am at a pivotal point in the direction I am going and am trying to get a feel for the potential and best place to focus my extra time. In yo...
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In the Ultimate Beginner’s Guide, they talk about the 50% rule. Half of all expenses come from mortgage and you should budget the same amount for repairs, maintenance, taxes, etc. I have not bought my first property y...
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So I'm currently in negotiations for my first multi family property (5 units & up). I wrote an offer yesterday, and today the seller countered. Before I counter the seller, I am trying to more accurately nail do...
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I see a lot of people asking, "How much down payment does a hard money lender require?" My quick answer is 10-25%, primarily dependent on the lender, but can also depend on experience, credit, etc. But I honestly thi...
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For those that have been through a recession. Did you see rents go up or down? I’m very curious to hear you reply and looking back what would you do to benefit from the next one?
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Hi All:
So I just have a quick question...have any of you ever found it very difficult to find tenants for a place you recently renovated? I'm just asking becasue we bought several units within a matter of weeks, no...
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Check out this link from ABC....https://abc7.com/los-angeles-airbnbs-la-city-council-short-term-rentals/11809350/ A study found a third of L.A.'s advertised short-term rental listings have been illegal since the ordin...
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Hi All,
I’m in escrow on a place in the desert near JT. The sellers asked 40K over ask on a newly renovated house in a beautiful location. The inspection came back with some electrical & plumbing issues. I called...
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I bought a small one bedroom/one bath condo with tenant in suburbs of Chicago. All I have to do is collect the rent every month. I got a regular conventional 30 year fixed loan with 25% downpayment with 6.99% rate.Ca...
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Hey team,I'm 26 y/o and very new to RE investing. I'm exploring the possibility of house-hacking in the Chicago area. I have a Property Analysis spreadsheet that was shared with me by a friend. As I evaluate different...