I just completed my FIRST FLIP! The rehab took approximately 3 ½ weeks. The home is a 2bd, 1ba townhouse that is slightly over 1000sq ft located in Illinois.Numbers:Purchase Price with closing cost: $55,290.25Rehab Co...
The latest one for me is my rehab contractor disappearing for 5 days. He finally returned my calls today and said a family member out of state had tree fall on their roof. He went to help fix it.But I find I stress ...
This post has to start with a disclaimer. No one can guarantee returns, and there's a risk associated with any investment. Having said this, it will give those who are curious a rough ballpark of the kinds of returns ...
I'm working on finding a rental property as my first deal. For right now, I'm focusing on pretty much turn-key properties. If I stick with this and spend all of my money allocated for real estate on this first prope...
Hi Folks,
I've been an avid listener of the podcast and looking to getting into investment properties this year. As someone who is new to investment, I had a couple of questions to the community:- Which location do I...
I know this probably varies based on location, but I was curious if any Realtors had tried competing on commission percentage. Or at least used lower commissions to incentivize sellers to use you. When I got my licens...
I am currently saving for my first down payment on a buy and hold real estate property. I'm using Barclays with their really high 1.5% APY savings account. A lot of people will argue that if you are saving for a down ...
I was thinking of writing into my lease that tenants are required to pay rent through an online rent collection website. Can I legally require new tenants to pay rent online and that no checks/cash will be accepted?
After reading Dan Sheek's book, First to a Million, I've learned so much about personal finance and I'm thinking about my future life decisions (I'm 15 as of this post). But my parents are disputing the options that I...
Hi Everyone, so 5 months ago I delved into learning about real estate investing. Professionally I've had a successful career as a fundraiser for 501(c)(3) organizations, but I've always known that I wanted to get invo...