The story you are about to read has transpired over the past 6-8 months. There are areas in which I made mistakes and contractors made mistakes. This is completely factual, and, looking back on it, was a great learnin...
I am thinking of buying and selling notes, but I only know a little about it at this time, any good advice, suggestions or help out there? please let me hear from you.
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
It is my belief that in the next few years a nationwide multipurpose real estate website will evolve to become a major player in real estate sales. At first augmenting, but eventually displacing local Multiple List...
Like many others, I have had a negative experience Joint Venture investing with Scott Carson and his company Inverse Asset Fund LLC. I’ll share my experience in the hopes that it will help others who are thinking of ...
Hello everyone,
I was wondering if anyone has ever herd of this guru Sean Whalen who is the owner of what used to be the Empower Group and is now called property 23? From the research I have done he looks like another...
I have two duplexes that need the windows replaced. Me and my Dad are planning on doing the work ourselves since we know how to do it and we can save a substantial amount of money. The problem is getting a permit from...
Curious out there what people use as a general rule for how leveraged they are. How comfortable you are with debt. Do you have 401K loans? Would you cash out a Roth IRA? Do you use HELOCs off your primary? For...