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Hello! I’m a novice that’s ready to start leveraging. Here’s a list of questions and my situation. I’m 54. I’m still working and have slowly acquired single family homes and have them all rented. I own 5. 2 of the 5 a...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $241,000
Cash invested: $20,000
I bought this house Seller Financing with 2.6% interest amortized over 30 years wit...
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I have a house that is nearing completion. Based on the comps it should sell around 100k. My current fear is that inventory is high and days on the market is getting longer. I have been contemplating the idea of hol...
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The key to RE investing is having equity in my opinion. Buying below replacement cost in a growing market is a strategy that I hear many blogs and REI gurus talk about.For example, I heard somebody say, "You want to b...
I gave a new home builder an EMD of $2500 check and the site is less than a .5 miles from Brio SUperfund site. My check is still not cashed. When I did research online, I do not feel comfortable in buying a property v...
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Hello! I am new to real estate and currently taking classes and everything to get the most out of what’s available to me but my question is what pertinent criteria does one look for when finding a deal for other inves...
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I'm looking at a few deals in Lorain and am curious to hear your opinion. I know the area, but not from the perspective of a rental property owner. I'm specifically looking on the affordable housing side, east side of...
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Hello BP friends... A quick question:
Do we always need a earnest money deposit "EMD" in a wholesale transaction?
Thanks!
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No question, just sharing some info which could help. We own and operate ~350 units spread across 15 different communities (logistical nightmare) in Southern California and all projects are going through a major re-po...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $70,000
Cash invested: $12,800
Last month I closed on my first investment property in Cleveland ohio
...