Does anyone have an investing strategy of buying and holding property in low income neighborhoods? I have heard the saying, “the poor” need housing too. I am curious if anyone has made a niche out of this type of inve...
I live in Ventura California and have a SFH rental in the area that I self manage. Our tenants were burglarized last month and lost $20,000 in jewelry and possessions. The tenant left a window open in the kids room wh...
Hey folks,I started a Whole Life Insurance policy almost three years ago for the purpose of investing in real estate. Lately, I have been thinking on cancelling my policy and put that money towards maximizing my 401k ...
I was served with an eviction for late payment of rent and we had court December 4th. We both showed up but the landlord stepped out and when the judge called for us she didn’t come back in the room so I was asked how...
I debated on posting this because the incident has discourage me so much. But here it is:Last Friday I arrived home to a business card from a detective from our police department. I had just got home from visiting my ...
Is it a good idea to start my wholesale career off with a property that's currently occupied with tenants? Also how do I inspect the property to make a reasonable offer without interrupting the current renters? I have...
Hey guys,
I am looking at buying my first investment property. Here are the numbers:
Asking 160k, but I plan to offer much less
Units are 2/1’s, rent for $595 each
Built 1984
Tenants pay utilities
Income: $595 x 4...
I continue to have arguments with close friends and colleagues about where rates are headed in the next year. And, while it's anyone's guess, I just continue to think that some investors are a little crazy/deluded to ...
Sobering assessment from the annual report by the Taxpayer Advocate Service (a semi-independent branch of the IRS basically tasked with specific and systemic problem resolution):- 10-month refund delays on paper-filed...
I am in State of Texas and we signed TREC Contract.In Section 7.B.2, we checked the box and the contract is executed, earnest money was left with title company. the text in that contract is below.Buyer has not receive...