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Results (3804)
Joe Fairless Here’s What Is Possible in 9 Years as a Real Estate Investor
15 February 2022 | 87 replies

“To whom it may concern” is how my letter started out.It was 9 years ago and I had finally, after 10 long months of looking for my first investment property, found a deal. It was a 4 bed, 2 bath house in Duncanville, ...

Kevin Gerace Anywhere else the 1% Rule doesn't work out?
18 December 2015 | 51 replies

So there must be other places like my town. The average (decent shape) 2 family home is selling from 250k-325k. And the average rent is $1100-$1300. These numbers don't work out for the 1% rule. Everything I've ever r...

George P. motivating contractors - tips and experiences
1 June 2012 | 59 replies

working on the latest house (buy and hold) and my main contractor is not living up to my expectations. I have used him before a few times and did not have a problem. In the past, he'd quote something and i had him do ...

Chauncy Gray Amortization Schedule - 30 Year Mortgage
2 December 2019 | 85 replies

Hello Everyone,
I was at a local real estate investor group meeting last night, and I was told something that I could not believe at first. I was told that amortizations are never good, especially for 30-year mortgag...

Chris Hill Faster payoff, yearly lump sum or monthly?
16 April 2022 | 69 replies

I have a goal to pay off a large loan in 10 years. Let’s say I have 10K available to put towards extra principal every month. Would I end up paying the loan off faster if I did one lump sum payment of 120K per year, o...

Nicholas Weckstein Appraisal all wrong !
16 August 2020 | 87 replies

Im pretty blind sided by this.3 unit under contract at 140k, scheduled to close beginning of September. Inspection went well, bank has committed to funding it, title company is ready and good to go. Insurance in place...

Nik S. NEED HELP!! ASAP! WATER ISSUE AT APARTMENT BUILDING! PLEASE!
6 September 2015 | 106 replies

Hi everyone! I am in a big jam, here's my situation....One of my recent aquistions was a 12 unit apartment building. After the 1st month, I received an astronomical high water bill/sewer. Where I purchased this buildi...

Account Closed TimWieneke
9 February 2010 | 53 replies

Originally posted by "TimWieneke":I wish one of these REI guru's would just ________I don't know.....invest in property?

There's one thing JT does that I like. You give him the name of a town in an area where he's s...

Quamal Burton Should I Quit My Job or Stay?
22 January 2018 | 56 replies

I've been considering quitting my job a lot lately, should I? I recently purchased my first 3-flat where I should be able to successfully house-hack. Mortgage is 2k and rental income should be about $2600 a month. I m...

David Bowles New purchase, current tenant is not current on rent
24 April 2020 | 67 replies

Hi Guys! I recently had a seller (another investor) agree to a 45k purchase price (cash) on a house with ARV of 60k. The house had a full gut rehab 4 years ago when this investor bought it. The current tenant is “all ...