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I keep finding incredible properties and have been preapproved for a fix and flip type loan (with 20% down) but can’t get any offers accepted! My realtor (who works with other investors in my area as well) told me tha...
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There is a lot of debate about staying local vs. investing out of town. What factors do you consider when deciding what market to invest in? What do you think makes a great market?
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Hey everyone! I'm desperately trying to fund a deal and time is of the essence! Here are the details of the property: Triplex listed for 155kUnits/Rents:2/1 - $650/mo2/1 - $650/mo3/1 - $750/moAll units will be empty o...
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Hi all,I am a real estate agent and a new multifamily investor. I have 1 4plex purchased last August cash flowing at about $1000/mo and a SFH rental which funded the multifamily and breaks even. We are working on ou...
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I found an REO my 85 year old Mom wants to buy in lieu of getting a place in FL. It is closer. I finally got in touch with the listing agent and he said he could get me a good deal if I went with him. I was not comfo...
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I once heard a defintion of "Financial Freedom" that changed my life. The definition went like this;
"FINANCIAL FREEDOM happens when your wants and your needs are exceeded by your passive income."
Once I heard that...
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I started a thread with an article about rent decreases nationwide. The replies seemed to substantiate the concern with properties taking longer to rent, and reductions in rent as well as other bennies needed to rent ...
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This subject has been poked around in several posts on BP and I am interested to know what others' opinions about it are. For the purpose of this thread "seller financing" is defined as follows:
1. The seller has a...
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I'm trying to make an offer on a home and emailed the agent saying I'd like to make a cash offer for $XXX,XXX please let the seller know. He is refusing saying he first needs me to make a formal offer and send it ...
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Hi All,I’ve been in the waterpoofing business for over 12 years and have been reading up a lot lately about REI. I live in Bay Area (Northern California) and planning on starting my real estate investment portfolio. C...