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I am in the middle of acquiring a property for $25k here in Indianapolis. I originally offered $5k down, $500/month, and 5.55% interest (alliteration not intended). The seller's broker countered with $10k down with pa...
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He talks alot about aspects of business management. He says there's more than numbers to managing a business. There's:
1. numbers/finances
2. operations
3. sales
He infers to me that I really do well with the nu...
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I'm going to approach the owner to purchase a foreclosing home, subject to lender approval of a short sale on the 2nd and 3rd. Indy has the 2nd and WaMu the 3rd. What can you tell me about these lenders? Auction is...
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Any physician RE investors out there? Would love to hear perspectives, motivations, niches (buy and hold only feasible or anything else?), time spent on REI, your specialty, etc.
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My wife and I recently purchased a three-flat in Berwyn and are house hacking for at least the next year. The property has a single furnace, so we cover gas and heat for all three units (which can get pricey in Chicag...
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How often do you guys write offers before doing a walk through, based on the numbers?I’m looking at small multi family, and I’d like to increase my chances of getting an offer accepted by simply writing more offers. I...
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Who here is a realtor who does sales while also adding in investing as another stream of income? I currently do residential sales and would eventually want to scale back on working with buyers/sellers (escape the rat ...
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Recently bought a 4 unit multifamily home in Louisiana. This is a C-/D+ property. I need to get some electrical work done which consists of: 2 new electrical panels, 2 new dedicated circuits, adding several new plugs,...
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I am having coffee with a wealthy man who I know at least dabbles in REI as one source of income and was a successful business owner before retirement. The meeting is under the premise of "picking his brain" for infor...
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First time in 3 years of mid-term renting that I had a credit card denied two months after client moved in. She notified me yesterday her contract was canceled and asked about terminating the lease. Little did I kno...