Hi,I understand the appeal of a core investment is that it has less risk but where is the money being made? To get back the capital investment just from cash flow can take a very long time and if there isn't a value a...
Hello BP! I'm a new investor in Michigan. I'm focused on wholesaling right now and decided to do some "driving for dollars" today in Wayne County. I found some great looking stuff (well great looking distressed hou...
I am a new investor, haven't even purchased my first property. I found a home in a great neighborhood that is vacant. The neighbor was out in the yard so I stopped and asked him about the house. He said it's been v...
In the past there has been reference to a study done over some large number or rental units that showed the expense ratio was close to 50% (want to say something like on average 49.6% or something like that).I have ne...
I have already written in another post how a broken water pipe caused wall, floor, and ceiling damage to my beautiful 1930's style home. The abatement/demo phase is over and I need to get this house back together. Unf...
Looking for recommendations on which online portal I should use to take the broker exam classes to qualify sitting in for the exam. Quality, simplicity and user friendly is what I’m seeking.
Also, what’s the best pr...
I initially tried posting this in the Indiana Discussion forum, but it wouldn't allow it.I am, and have been, working on getting into REI, but have been dealing with a significantly bad case of Paralysis-by-Analysis.I...
Alright...that is all done and I can move on...phew..
So heres how the deal broke down.
I paid 162K for the property
Spent 33K on the rehab which took 8 weeks.
Closing, holding, and closing again cost a total of 16K.
...
Can I have a line of credit on rental property which I have lager equity in it? What is the process and what is the cost? I am in CA.
I have a property in the central business district (C-1). I’ve been trying to lease the building for several years and have not been successful. Here’s my problem: the available space is at street level and the permit...