If you were to make $20K on a real estate transaction would you use it to pay down existing debt such as a car loan or credit card debt, reinvest it into another deal, or a combination of both?
Hello BP,
So there is a home that I looked at today that is available for lease. It was shown to me by a property manager. It looked like a classic case of someone who accidentally turned into a landlord....
Currently I do not have the best credit (fair) and not so much extra cash. For those of you that have already made at least their first investment. Where did you get the money? Own cash, 401k, hard money lenders, bank...
Please reply with any feedback on Brad Sumrok who states he specializes in Multifamily acquisition and mentoring. He has been holding Investing Weekend Training Events.
Thank you.
"Irish Kevin"
Ok for the landlords out there question.
I did math on a bunch of properties and saw in my area the only way to make positive cash flow on a property is that it starts around 6+units which is like 800k starting, and t...
I wanted to hear some feedback from those who have done or are doing lonnie deals and tell me if I'm on the right track. With all the action I have gotten on this thing I would have thought it would be sold already. ...
Hey fellow real estate freaks!
Ok, so I did a search already about doing investing with a partner. Not quite finding my answer. And I'd just like to hear what your input is about this.
I want to start investing. Y...
If you had the capital, would you wait for the correction or still invest now?I understand local markets will drive the ultimate decision, but it feels like every market I look:1) unemployment is through the roof in t...
Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...
In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...