In 2013 I had some good timing. Purchased a four unit apartment building, built in 1980 with major tenant and management issues. It cost me around $360k all in but I used an FHA203k loan so my out of pocket was around...
There are so many positive stories about people starting their investment careers on here and online that aren't painting a completely accurate picture.
Most people are living paycheck to paycheck. The statistics on...
Hi, we're going to be looking into investing in buy and hold SFR. Everythings approximated because I'm in the very first stages, as in deciding if we're really going to do this. But say we decide to bite the bullet. B...
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
I'm hoping to get some perspective from people here on an experience I'm having in current markets. I would like to put some money into a property that can bring in some cash flow, or at least break even, and I want t...
I've been looking hard at DC Fawcetts plan, Virtual Short Sale Investing. For $997.00 he does it all and you get paid. Has anyone else looked at this? He says I will set up a real estate partner locally and show up fo...
I currently own (no mortgage) two homes and I am living in one and renting the other. I am looking to purchase another investment home for income purposes and I do have the cash to purchase one property outright. I a...
I have been reading about the 2% rule but seriously questioning its accuracy. I got a great deal on a house in a desirable area of Austin for $297k. The rental we are getting is high ($2500) for the area. However, acc...
I want to caution everyone against investing with Techvestor (techvestor.com)
or related companies Scoutpads, Metallic Blue Development (MBD) and
Superhost Labs. All of them are centered around Sief Khafagi and hi...