I recently inherited a big chunk of change. I'd rather not disclose the full amount but I do pretty well in my day job (software sales), and it's about 8x the most I've made in a year. For now a sizable portion of it ...
Hey guys,
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...
Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
January 1st I jumped in to the world of real estate investing. While I have made a ton of progress over the past three weeks (Thanks 12-Week Year), I am a bit concerned with some feedback I have been getting. I have s...
First timer with only a few weeks of REI study. Any feedback you can help provide would be appreciated!I have 22k in the bank and comfortable parting with 10k tops (up to 15k on heloc also available). Should also be n...
Since my first property I was seriously looking at fell through, I thought I would try this again. Hopefully it is a winner this time.@Bram Spiero I just wanted to let you know that I am evaluating another deal agai...
I made an offer this weekend on a property that was priced too high to make a profit. Listed for 320k, with rental comps around $2500/mo, which would cashflow negatively ~$500/mo, no thanks! ARV was 400k on this and i...
I'm working on a Sub2 deal and have been reading tons of posts here on BP. I know I need a POA but would like an actual example of the specific language some of you use to address the immediate and longer term issues...
Anyone here looking at the Broken Bow area? Would live to make some connections and discuss the area.
I'm a 29 year old American living in California (Silicon Valley) with $500k in cash.
Due to religious reasons, I cannot use leverage (i.e. bank loans), so my investments need to be all cash.
I need to invest this mo...