Hi everyone! I am a new investor in the Hampton Roads Va area. In January I rehabbed my first property. The job was supposed to take 6 weeks it ended up taking 11 weeks. The intial budget was 73K including the price...
I moved to DFW in 2005 about a year after law school and immediately purchased what I perceive as an expensive house. I spent way more than I should have and bought way more house than I needed. Like many people my...
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...
Have you guys seen this? An asset management company is planning on buying $1.5B worth of homes, or 5,000 homes at an average price of $300K, to operate as STR's. The plan is to focus on Miami, Austin and Dallas.What ...
hello everyone,I am just starting out in Austin, Tx and I have been running the numbers on all the properties I can find here in Austin for the past couple of months. I am searching for a multiplex to house hack howev...
So we found no weapons of mass destruction in Iraq and decided to go to plan "B" which was to reconstruct their government. Now we have a possible real threat in Iran. Is it real or is someone crying wolf again? Ca...
I contacted one of my mentors after not talking for almost year while I built up some capital. Which a year ago he told me I needed to save more before I jumped into real estate. When I talked to him today he advised ...
I sold my duplex and I’m sitting on a pile of cash. Moving forward I will implement the BRRRR strategy to get up to 10 properties, recycling as much capital as possible. I’m excited to move forward in my REI career, b...
Have you ever read a post on one of these forums saying something like, “I would never invest in California/Detroit because it is a horrible place to invest.” Or “C-class neighborhoods only look good on paper but you ...
Below is a chart of the interest rate on the 10 year going back to 1880. As we all know the 10 year is a reasonable benchmark for mortgage rates. In other words, or what matters to investors, the 10 year determines ...