Hi guys. We have the opportunity to purchase a house at a very good price. It is currently occupied by a 50's aged widow. She pays about $350 UNDER current market rates, the rent has not been raised in 4 years. ...
Atlanta.Referencing a small corner property, 45'x20', zoned Residential. Planning says nothing can be built there (well it could but it is VERY VERY VERY unlikely it would be approved per zoning). Long established res...
Hello,I have a question about long term strategy. I currently have several rental properties that I own and that generate great cash flow. However, I was able to purchase these when the market was more depressed tha...
Hi everyone,I am interested to know if this strategy would work. I have a turnkey property owner who is willing to sell me their property worth 250k for 200k meaning I have 20% built in equity. Can I use hard money/pr...
Hi all, I need advice pretty quickly.I have offered to loan my contractor $60k so he can also buy a rental property off market. I fully trust him but I also need to know what documents/title lients/promissory notes/et...
Someone recently brought up how we see so many successes and how great that is, but we also need to see failures to learn from and temper expectations, so I thought I would confess my most recent mistake. I hope other...
At this point, I think I've gotten all I can from reading and must start "doing" in order to begin life in REI. I'm looking for a little advice on where to start. I'm lucky enough to have saved money and I don't thi...
I'm relocating to Las Vegas from LA for various reasons and plan to start my investing in the area. I plan to rent for about 6 months to really get situated and learn more about the different areas to decide where I ...
Buy (rent out) and hold is dead... at least for now
With markets so richly priced in almost all metropolitan US, we are lucky to even get a 5-6 cap. And after factoring in op expenses, allowances and debt reserve, a ...
I have been working with a real estate agent on a potential flip property. She contacted me today saying the listing agent said that the potential buyer would have to buy the property with cash or conventional financi...