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Recently, I purchased a duplex in Warwick, Rhode Island for well well below fair market value. The property has all of the heavy lifting done, windows, mechanicals, roof, electrical, etc. The interiors are sound, bu...
Hi All,
I need some perspective because I am fuming and I want to make the right decision.
The Backstory: We have had a basement waterproofing company who was awful. They did both my house and a rental we have tha...
I hate to be a downer, but with a significant overhaul of the tax code recently we are seeing first hand some RE investors (and individuals) get hit with huge tax bills and sometimes penalties. There are tremendous b...
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I am looking at a 2 family that is close to me and is in a good area. I
want to BRRRR this property. It needs a lot of work. The home has
been vacant for 10 years, and has no heat. The was built around 1900. ...
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I’m a real estate investor based out of Los Angeles. I have been doing it for ten lovely years. However, what I am about to say truly pierces my perpetual LA pride. You couldn’t pay me enough money to invest in Los An...
A couple disclaimers before I start:If you look through my profile and previous posts, you'll see that I am young (just turned 22), and also may believe I don't have the right mindset or maturity yet to start REI. Thi...
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Situation: My Tenant Stopped Paying and has violated my “ rent to own “ agreement. He is 20 days late, total violation, contract is now void. I have to evict as he said “ I do not have any funds to pay that rent “ - I...
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We had a conversation with a guy today and it went something like this:"Hey I saw you hauling some lumber the other day. Whatcha building?""We bought a rental house and I was fixing a safety hazard." (Concrete step at...
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Good evening,I put out a few bandit signs in my local area recently and received a few phone calls. So, long story short I received a phone call from someone who wanted to sell a house they were tired of dealing with....
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I see a lot of questions about financing and starting out and thought this would be a good discussion to start.
Like the subject says, how did you finance you first deal?