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My husband and I have been looking for our first rental - with an 150,000 upper limit. We wanted to start small, no major risk. We'll put abut 50% down. We're looking mainly at condos and townhouses as we are afraid t...
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I know cash is KING but I was hoping from some clarification in the whole aspect of not flipping but buying property and renting it out. I keep hearing this 50% rule and what not, but just want to see if anyone has an...
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I have a question for any members that have a good amount of experience with property managers. I apologize for the length of the post.
I currently own a property in another state and have a property manager who man...
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Hi all,I know it's been played before, but there are tons of us new to the site, so thought I would play it again.You just won something that gave you an after tax, free and clear $1 MILLION dollars to do as you pleas...
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I do apologize for the long post here, but there’s a lot to get out here.I’m posting in hopes of getting real data and information from folks before making the plunge into my first RE deal. I need a mental adjustment ...
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I'm curious where the seemingly commonplace 50/50 split for NPN joint ventures came from? Is it simply supply/demand in that this price still brings enough capital to the table to do all the deals sponsors are looking...
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I am enthralled with becoming a Real Estate Investor and would really like to find a REI mentor or someone who I can "shadow", as a way to gain practical knowledge to partner with the info I've gotten from this forum ...
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I have been given an opportunity to purchase a portfolio of 85 properties that each net ~$250 a month (if 80 are rented, 20k in net a month). The seller who is looking to retire is willing to finance the whole portfol...
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I found a very nice C class building with 10 units near me that seems like a great deal on the surface. If you use the 50% rule, the numbers are great. However, I have a list of expenses from the owner that total 65%....
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I have a friend in a tough spot right now. We live in New Jersey and my friend recently purchased a property in Indianapolis, Indiana through Clayton Morris' company called Morris Invest. the rehab is not going well a...