I feel that I am a good everyman when it comes to the average beginner in real estate investing. I've read a lot of books that most accomplished investors have (mostly the Rich Dad series), but have no experience in d...
Today I see a lot of montelongo, legrand, dc fawcet...They all preach no cash no credit. Let other people do this and that..creative financing. Is this all mumbo jumbo or can it be done? Have any of you done a creativ...
I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...
I sold/financed a house in NC in 2011. The buyers never made a payment on time and when they got several payments behind, my attorney sent them a foreclosure notice. They filed for ch 13 bankruptcy.
The DOT states t...
We’re buying a coastal property and made the mistake of not getting references for an agent in that area. The one we ended up with is incompetent. Skipping past other issues to the about to be deal-breaker: We’re past...
Hi all,
I need help figuring out this process from beginning to end. My mother just inherited a small piece of land. It's 4 - 4.6 acres located right outside of Washington, D.C area. The location of it isn't as impor...
I'm looking to purchase rental property to buy & hold for positive cash flow.Unfortunately I'm located in New York City, where anything remotely close here is far out of my budget, and regardless, this is not a la...
My situation: Single family home under contract - closes Sept 7th (26 days), doing 1031 exchange, will have $275K-ish, wanting to move into multifamily.Quandary - I want to buy in a strong market, have great cash flo...
I had to post about this experience because I'm half confused and half mad!I had been bidding and watching a HUD property for a few months, waiting for the right price. Finally it had been lowered to where I needed it...
I have a townhome which I have had a tenant in for about 6 years. She is a retired lady on a fixed income and when she got into the house the rent was $1400. The rents in the area have climbed pretty rapidly over th...