Account Closed
NEGOTIATED SALES PRICE $754,498...and $98? Really?
Why would the price have not been negotiated up $2.00 to $754,500 or down $98.00 to $754,400, a round number? Do you know how much chaos and extra time and effort throughout the loan process correcting the sales pri...
Helen De la rosa
Bye Bye Dollar, Buy Buy Gold?
Lots of noise in the market, making me nervous.Noise 1 ) bye bye dollar, buy buy gold. * Gold has hit 5-year high. * Will dollar continue to weaken? I see quite a few propellants fueling it: oil dollar position is bei...
Renee Green
Need Opinion on the Justin Wilmot 10 Hour Wholesaling course
I recently came across an invitation to purchase Justin Wilmot's 10 Hour Wholesaling course....granted it is extremely inexpensive compared to what coaches at my local REIA are asking...but I just wanted some feedb...
Omar Ruiz
Death of Direct Mail...Birth to Digital Marketing
Direct Mail has not worked for me. It is a channel (medium) that is too easy to learn (get a list & mail to that list consistently). It "seems" to work if you have the marketing budget, list, and ability to mail h...
Marcus Auerbach
What they don't tell you about cheap rental properties
It all sounds so perfect: you can buy a house for cheap, have someone else fix it up for you and then rent it out for great cash flow. You run the numbers (on a BP calculator, they are really good BTW), you read the f...
Daniel Thomas
Cashing out 401k to invest in RE
Has anyone cashed out their 401k to try and get a greater return on their money and use the proceeds to invest in RE? I have contemplated doing this.
Isaura Orellana
Challenging all deniers..Detroit Economy & Market are ON FIRE!!!
There are only a few remaining markets where real estate investors can get double-digit returns on rental property. There are even fewer markets where you can get high cash flow AND high appreciation. Thankfully, we k...
Evan Parker
Congratulations! You Gentrify: Displacing a Community
This question is one I pose to anyone who has an opinion on the topic. Obviously we're all here because we like something about the idea of REI and passive income. As the process goes, we find a "good deal" in some ar...
Joseph Parker
Current deal just took a strange turn
Went under contract on a 5-unit office/retail property this past week. Was on the market for a year, few offers made but none good enough for seller to accept.Was able to talk seller into a lease with option (seller f...
Rodney Lorenzo
The bad neighborhood I invested in may kill my investment
The urge to get into real estate pushed me to invest in a 6 unit building in a neighborhood that I didn't think was that bad. I thought, the cash flow could be good so why not. This was a year ago. Now, my PM is strug...