How does one decide how much capital to invest in their first deal? What percentage of your total assets should go towards a down payment for deal #1? I feel I should plan for the worst and be as conservative as possi...
I found a 57 unit $4mil property in default, as a newbie should I. I have read all the particulars, analyzed and analyzed. I figure I can get investors to hold the $4mil for 4 years and I sweeten the pot somehow. All ...
So right now I work in the back office of a bank, financial processing. Pretty boring, all day I'm buried in excel. Very unexciting. Every day is the same. I feel like a drone, very little decision making. It's cushy ...
My fiancé and I bought a 3bd 3ba sfh in Waukegan, IL. We agreed that I would house hack while she finished her job in San Diego. I am active duty military and was stationed in IL for a time. I allowed my newly divo...
Hey guys, i'm pretty new to REI, and I had an intetesting conversion with my grandfather the other day. My grandpa has a pretty impressive portfolio of SFR and small multifamilies worth about $5,000,000.... and it's a...
Just finished listening to the 1.22.17 Real Estate Guys Radio podcast with Robert Kiyosaki. On it he said that basically we are currently in an economic situation akin to 1928 and 1929 is approaching rapidly. His argu...
In this industry, there is a lot of incentive to bend the truth, some say dont say x to the lender.. and if something happens dont say y to the insurer. When it comes to raising capital, appear this way, speak that w...