Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...

I want to start wholesaling but before I can lock the property in contract they ask for proof of funds. I am now starting to get out there and wholesale but i don’t have 200k+ sitting in the bank. How can I wholesale ...

Things that have occurred today:Today the DOW dropped 1,175 points - marking the largest single-day decline in the index's history. The stock market has been on an absolute tear over the last year and many point to to...

Do you tell your buyers your assignment fee before closing?  I have friends who have been asked by potential buyers what their assignment fee will be even before they sign any contract.  I really do not feel you shoul...

The following is an account of my recent “Newbie” experience with Auction.com. After reading the info posted on the forum about Auction.com, there seems to be some mystery in some minds, including mine, surrounding th...

As a "cash buyer" I am (or was) on many wholesalers' buyers lists. There is a fairly recent trend where real estate agents/brokers are getting on the "re-wholesale" bandwagon and basically adding on an additional $5k-...

I am starting my first direct mail campaign and figured I would post my plans and how things are going as time passes to help keep me accountable. Give me your thoughts, questions, and suggestions!

The Plan:
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Hey everyone. I hope all is well.

I've been reading as much as I can (which isn't as much as I'd like, but school comes first) here on the boards, and I've learned a good bit in that time. I would like to outline my ...

Hello and thank you for checking out my discussion.  Well, I am having my first taste of the Landlord Blues.  I bought a 2-1 condo around Christmas time and bought it with owner financing.  But since I have bought the...

So this is going to be long so I apologize.We own a short-term vacation rental that we are in the process of selling. About 3 weeks in we got a full price offer and was told by the buyers agent it was going to be a ca...