Buy a house in Detroit. I am speaking from the many people that I am trying to help as a Realtor. Anybody that is stumbling on this from a Google search. If you have never bought or owned rental property and you do no...
Hi guys. I have been at this landlording thing for a year now. I began with 3 SFH already rented. Then I bought a vacant SFH and rehabbed it. Had it leased before I finished the cleanup. In Sept I bought an apart...
I have been reading books, perusing blogs and joining in on discussions about how to find your first investment property. And, they all say to know your market. That's all well and good, but what if you are new to an ...
My mom wants to buy a rental in her area (Medford, OR) and it has a higher than usual density of hospitals / healthcare resources. Does anyone know of a service that helps you list to mid term renters?
Hi, I am new to investing and I havent bought my first property yet but I am looking and learning as much as I can while I save up for a down payment. Which brings me to my topic, how do I know if I have a solid analy...
A little over 4 years ago I purchased my first property: a 3-flat in Chicago for $305,000. In Logan Square - now one of the hottest real estate areas in the city in terms of %increase in value and %increase in home s...
There is plenty that goes into flipping. But to be successful and profitable, takes some distinct characteristics:1. There needs to be demand. Are other flippers working in the area or will you be the only one. Don't ...
One of the things I see most beginner investors say is: “I want to invest in real estate, but I am just in the saving phase right now.”
I got one tip for you. FIGURE OUT THE EXACT NUMBER OTHERWISE YOU WILL NEVER INVE...
Does anyone have any general requirements for when to expand?For example how much money should you keep on hand per rental property in order to be comfortable to handle repairs?What should your overall debt to cash ra...
Admittedly, it takes the Rosetta Stone to unlock it's marvels but here is a Profitability Spreadsheet in it's not yet finished form. The idea is that if you buy a property as I do, "off market" taking over the seller'...