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Brand new investor wanting to get started building wealth in real estate. Let's say I have $30k more or less to invest and my goal is to create passive income (around $1500/monthly) and become a millionaire in under ...
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Can someone please break down the 2% rule and 50% rule down for dummies.. i just can't comprehend this . Can you break it down with examples ..:-) Just trying to figure out this whole 2% and 50% rules .. Thank you
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Ok so I'm not necessarily new, but this is a new beginning for me. I have 2 children and am going through a divorce. My wife is active duty and stationed in albuquerque so I moved down here to be close to my kids. I'm...
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BP,I have a deal in the works and the seller is willing to finance. However, due to my inexperience, he is requesting a down payment around 300k. I will also need another 200k for closing costs. It is an off market $8...
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I am relatively new to the whole real estate business, I have read the Bigger Pockets Ultimate Guide as well as multiple articles of theirs. Absolutely love the information they put out. However I am having a small pr...
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Hi everybody!I thought I’d turn to the forums because I saw an interesting deal, but there’s some red flags. Since I’m relatively new to real estate, I’m hoping some more experienced people can guide me in the right d...
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Hey All, I’m an electrical engineer by training and have been working in the electrical utilities industry for 15 years.I’m tired of working for someone else! I would like to be more financially independent. Just rece...
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Was talking to a lender friend earlier who said Zillow Zestimates aren't trustworthy at all as they don't factor in REO sales. So aside from performing an actual appraisal or BPO, what are some good rules of thumb for...
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I have found a potential wholesale deal and even an interested buyer. However i dont know how to the process of getting the seller to allow to find a buyer and "assign" the contract is supposed to work. Can someone pl...
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Hello, my name is Louis, a new member from texas. I am new in real estate investment and am interested in low amount purchases of depressed tax lien property in auctions in galveston and houston. I would appreciate ...