I see a lot of you in here have success stories but keep wondering if real estate is truly as luxurious as it seems. I have two rentals only but had major issues with either tenant or property Managment and the pain n...
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
This is a revision of my popular post from 3 years ago. See, the older I get (don't ask), the more annoyed I get with the endless "I WILL SHOW YOU HOW TO CUT YOUR TAXES in DECEMBER" emails, posts, webinars, podcasts, ...
Was talking to a lender friend earlier who said Zillow Zestimates aren't trustworthy at all as they don't factor in REO sales. So aside from performing an actual appraisal or BPO, what are some good rules of thumb for...
With all the speculation on where we are currently in the real estate cycle and some more or less anecdotal evidence supporting a market crash or still more golden years to come I wanted to know the numbers and facts ...
Hello All,About two years ago I opened a Roth IRA after taking a college class for Personal Money Management since my teacher encouraged diversification and the tax benefits and all that jazz. Well since then, I have ...
I've been looking at pre-foreclosure properties and came across one where heirs of the deceased owner of a many-years-abandoned home with significant equity were persuaded a couple of years ago, for substantial $, to ...
You can read more about my investment partner and I on the new member forum, 'New Investor from Minneapolis'. Suffice to say, we are two 23 year olds looking to purchase investment property. We found a property listed...