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So we just bought a 3 bed 2 bath house from Freddie Mac for $24k (cash purchase). Yes a major fixer upper! I was telling an acquaintance about it and he said "oh you bought that?, I heard the bank foreclosed on the...
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After reading this board I know most wholesalers are offering properties with too slim of a margin for most investors. I really couldn't find any posts about what wholesalers do with the properties they don't find buy...
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Wholesaling definition according to the Oxford dictionary:sell (goods) in large quantities at low prices to be retailed by others.Back in 2014 when I started down the path of real estate investing I was taught one thi...
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I recently purchased my first property. It is a very nice home in a great neighborhood, 3bd 2.5 ba, $2k/mo rent. The tenant has been in for 1 month. She's a really nice lady with exceptional job, background, refere...
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I have several SFH rentals in the nicer area of Albuquerque. I have been considering converting them to MTR. Generally, I'm reading that MTR should be within five miles of a hospital or two, as traveling nurses repres...
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I currently have a full time job in finance and would like to earn passive income investing in real estate on the side. I’ve discovered a passion for it and would like to pursue it. Some real estate mentors I have, tr...
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I am currently looking at my first investment property. The property needs to be rehabbed. Initially we thought we would flip, but now we're thinking of holding and using the equity for future investments. What formul...
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I would like to know what your best practices are for managing a C Class property? Also, any warning signs to look out for?
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Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...