Hello everyone,Joel Martinez here. I am 17 years old and very interested in becoming financially free at a young age. I have been putting quite a bit of energy into learning credit. I know the specifics of credit, suc...
Most Common Incorrect “Facts” by the Inexperienced
1. It’s “illegal” to purchase a property without the approval of the existing note holder (subject to)
2. If a property owner stops paying on a note the lender just...
Hello! My husband and I recently purchased our first rental and I just got it rented out to a group of college students. We specifically purchased the property in hopes of renting to college students and I’m excited t...
I find it interesting that the median household income in the U.S. in 1974 was 11,100 and was 74,580 in 2022. That is about a 670% increase in income over the roughly fifty years. The median home price was 34,200 in 1...
Hi all. My only experience as a landlord, to date, is renting out an efficiency apt.(semi-connected to my home) 500.00/mth utilities paid. All has gone well this year. A nice, quiet , elderly lady lives there and alwa...
I would like to understand if there is an average cap rate or minimum cap rate for student apartment investing (approx. 10 units)? The apartment is an older building (50+ yr old), so updates are expected. Due to the...
"Graduating seniors who just finished their degrees on average carry debts of $19,000 or more. On the other hand, medical graduate students carry debts in the range $19,000 - $105,000 (Source: Department of Education)...
Hi there,
I'm doing a 30-day deal analysis challenge where I analyze one deal per day. This is my 7th day :)I analyzed a deal in college town (Urbana, IL), and assume a reasonable rent, and it passed 1% rule.
Based ...
Hey everyone, I was looking into buying a duplex or single family home in a small college town of about 20,000 people and the school size is about 30,000. During the summer 90% of the university students leave, not su...
Does anyone know the bottom line on this "Real Estate College?" I work in the housing industry and invest. I was approached by some college kids who claimed all sorts of fabulous things about the school and program. T...