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I will be rehabbing my investment property (property manager will oversee) and am wondering if contractors expect some upfront payment (e.g carpet layer to buy carpet, cabinet maker for kitchens). I currently have a s...
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Are there any situations under which you would buy a property with a negative cashflow? May be if you know the rents will go up in the future... Then how long would you be willing to wait till the rents catches up wi...
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After reading Mr. Money Mustache for several days know that and The Richest Man in Babylon have got me thinking. If I could cut out my car payment I could save/invest a decent amount of money.
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I was interested to hear what others might be doing in securing non-bank financing. We all have a circle of potential lenders/acquaintances that we could tap, without the hassle (or outright impossibility) of dealing...
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It's misleading as all hell. It doesn't focus on the truly important elements of the underwriting. And @Brandon Turner is not helping anything by continuing to talk about it on his webinars.[Note from Brandon: see m...
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Ok so i'm ready to get my first rehab underway, I've done enough research and it's about time that I pull the trigger. The only thing that holds me back is "MONEY". I don't want to use my own and the only way to go ab...
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Looking to possibly set up a C Corp and have our IRA buy shares so that we would have available capital for fix and flip opportunities. Does anyone have this arrangement set up or had in the past that can give me advi...
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Most of my off-market deals come from real estate brokers. Because of my track record and reputation,brokers come to me before they list their buildings. I follow through and close on every deal I put my EMD on so I n...
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Seriously! How much Dough does it really cost to run a Home Inspection Report? $3-$400 bucks?And... How about an ‘As-Is’ Appraisal? and maybe also an ‘ARV’ Appraisal? ...another $3..$4...$500 bucks tops???It seriousl...
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Not sure how we end up where we do, but in 2009 I found myself firmly on my way to shaking hands with the ‘American Dream’. My parents were so proud, I was a college grad and working as an engineer for Chevron. Tasked...