I thought it may be useful if I shared some of the biggest mistakes I made as a real estate investor, and hopefully you can learn from my mistakes. You hear a lot of gurus say “my blood is all over this material”, and...
So I just put a SFR under contract. It's not the worlds best deal, but it should trickle in some cash flow, and the neighborhood it is in is going through some very big transitions, so appreciation is almost a given (...
I filled out a pre qualify form but I forgot to put my partners information on the income. Will this affect me getting prequalified and/or how much I'm approved for? If I get denied should I apply again with the corre...
Hi everyone and Happy New Year to you all! I wish you all great business success, prosperity and few headaches.Speaking of headaches, let me share with you my current debacle in hopes of getting some reassurance that ...
I own a house in North Carolina since 2003, i paid 78k for it back then but now its worth about 54k according to my latest appraisal, i lived in the house for 5 years and now its been on the market as a rental, but i ...
Hello allI just wanted to see what experienced landlords view as the top 3 mistakes new landlords make, from personal experience or elsewhere. I want to buy my first 3 room property soon and rent out 2 rooms. I don'...
I just placed my first accepted bid on an online auctioned foreclosed house. At the close of the auction, I was the highest bidder at $59,900 for a 3bd/1ba in SE Wisconsin. But I have not even received my pre-approved...
Don't make the mistakes i made on a recent deal:1/ If using HELOC, familiarize yourself with how many business days it takes to move money around. Mine took 10 business days to move money from HELOC to Checking.2/ Fam...
I am in the process of getting ready to sign on a 2br 1 1/2 bath condo. After crunching the numbers I am in the green about $50. I was going to raise rent $50 after end of lease. What's killing the deal is the HOA. It...
I am currently acquiring my 10th long term rental unit. I have done live-in flips but right now my whole portfolio consists of long distance rentals.I consider myself very handy and love doing all the work myself but...