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Henry Ford said "Wealth, like happiness, is never attained when sought after directly. It comes as a by-product of providing a useful service." When I first started in real estate all my goals were only financial. A...
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Background - in 2006-2007 I owned a primary residence and 6 rentals. I did not study a lick and made every conceivable mistake that a newbie investor/landlord could make. I was over-leveraged, did no deep deal analyse...
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Got another one for you, see if you you relate- one of my
biggest problems in the business was the way I managed My time-can anyone relate? Time management is absolutely critical so learning how to management your tim...
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Fannie and Freddie are obviously doing a terrible job of assessing risk for borrowers with their mounds of prescribed paperwork. Apparently the Danes allow borrowers to access loans via the secondary market directly w...
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Hi moved
Hello everyone, I wanted to get some advice from the professionals here on my investment goals as i consider myself as a beginner.
Question is there to buy or sell:
My long terms goals are to accumulate...
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Can someone please help me with assessing the value of a property? I'm having some trouble with this and it is hindering my progress. Any help is greatly appreciated.
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I just heard on the podcast today that Illinois definitely isn't.Are there any others to avoid?This is going to be our first investment property so we're trying to make it as stress-free as possible.
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Hello everyone,So far I have reached out to a few HMLs and have had zero success, I recently purchased a property cash in Cleveland, OH. Every time I speak with a HML they say the loan is too small. Take a look at the...
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fourplex with gross rents of 23,760 (10% vacancy) Total expenses: Property tax 5,592, insurance 1,200, maint and repairs 2,400, legal professional 100, auto 200,electric 360, water 960, other (includes plow and lawn) ...
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We will be listing our first rental property in the next week or so. I've spoken with two different PM's who have very different philosophies on setting rents. One says to stay away from the high end of the rent ran...