RTC vs. the current housing crisis. Huge profits were made in the wake of the RTC crisis two decades ago. Will residential real estate experience a similarly dramatic turnaround? :roll:
I'm somewhat baffled! I bought a property & decided it was perfect for a STR. At the time, no ordinance was in place that prohibited my doing so. I set up VRBO acct & started renting it VERY successfully. City...
BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...
I’m currently looking into the Detroit market. I’d like to follow the BRRR model but not sure where to start. I have been looking on the north east parts of Detroit and West. Would hope to find these numbers:Purchase:...
Has anyone successfully used a series 7 in order to qualify as an accredited investor to invest in RE syndications? If so, can you share about your experience and any potential benefits or drawbacks? I have been consi...
Hi guys,So I recently became a landlord and I’m testing other ways to make money in real estate. I read up on wholesaling and wanted to try my hand at it. I bought a list of homes in the early stages of the foreclosur...
The required security deposit/move-in fee of $2795.00 breaks down as follows:Non-refundable administrative fee of $100.00--I get kind of like the $299 dealer doc fee a car dealership charges(Isn't that a part of busin...
Thoughts on this: I wanted to achieve buying 2 duplexes and still haven't bought any this year. Not sure if my buy box is to tight or the market I'm in is just not good but I'm feeling the pressure to buy but don't wa...
I have been doing quite an extensive amount of research on wholesaling real estate in my home town of Jacksonville Florida as I would to start actively wholesaling real estate. With all the research I've done I ha...
Greetings!I just read an article by Forbes where the author - Brad Thomas - mentioned something regarding cap rates that has me confused.Quote - "As a REIT analyst, I use cap rates on a daily basis for comparing the v...