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Hi there fellow investors!We've done our first turnkey purchase with Morris Invest in Indianapolis about 6 month ago. A house in a C neighborhood near downtown, for about 50k. For this price the house was supposed to...
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Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
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I have lived in the San Francisco bay area for the last 15 or so years, and am anxious to start doing some buy-and-hold investing. However, it seems that price-to-rent ratios are solidly over 30 in my area, and gener...
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Sooo I have three houses that are all former primary residences that are now rentals. None of the homes were bought with the intention to rent them out, so the sale price and mortgages weren't optimized to be rentals....
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Hello BP, my wife and I recently bought our first rental (a Duplex in Sacramento) We inherited tenants on both sides. They have both been long term renters at this property, and after inspections they both seem to tak...
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Not trying to be provocative here, but many seasoned real estate investors and seasoned real estate brokers/associate brokers hate wholesalers.Not just for breaking the law, acting as an agent for a fee, without being...
Hello, Newbie here!I'm putting an offer in on a triplex in southern California for about $950kIts in a desirable area and it brings in about $5k a month in rents. The rents are about as high as they can go, so I can't...
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Hi,
Does anybody know anything about Pinnacle Development Partners, LLC? I saw their ad in Newsweek and the return they promise investors for buying Atlanta foreclosures sounds too good to be true.
Thanks!
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If you could offer one word of caution. If you could help save the new real estate investor from making a huge mistake that could cost them thousands or even their business...Just one word of caution, based on your ow...
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I live in Colorado but not enough capital to invest in my area. Any thoughts on where I can get started. I work 2 weeks on 2 weeks off i make good money, have great credit and I have time to travel. Any ideas as to w...