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My numbers showed a conservative ARV of 3/1 rancher in Richmond, VA at $135,000. All-in costs including repairs, title, legal, lender fees, etc. was $108,000. I developed a relationship with a new bank with great po...
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Have some flooring replacement to do in a multifamily building. What types of flooring do you all like to put in in different areas? Note: this property is in the Northeast, so keep that in mind.
Common Areas
Kitche...
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I graduate from college on May 2nd this year with a degree in finance from Michigan Tech. 3 weeks later I started my first job as a program manager for an engineering company in the maritime industry. 3 weeks after th...
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Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
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What’s everyone take on the BRRRRR method? I think it’s a fantastic idea but I’m beginning to hear more and more investors against it. Shouldn’t be leaving money in your property. 75% LTV or even 80% isn’t enough. Los...
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Really. Can't make this up. I had to coach him through changing it over the phone because the closets have linear fluorescents, and he didn't know what to do.
I'm focusing on the day job now, but I had to share. (...
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Real estate investors tend to be goal oriented and have a long term outlook.
Have you set a goal for net worth? Number of units? Equity? Passive income?
What's the number you are shooting for? Is it...