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I'm under contract for a 3 unit, the owner wants to stay on as a tenant and is willing to sign a lease (initially the property was advertised as owner would like to stay but not required). I'm ok with this as I figure...
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TL;DR: Recent article suggests rent hikes aren't just about landlord greed - rising costs across the board are a major factor.
Just read an eye-opening article about the recent rent crisis. It challenged my assumpti...
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Just a question for other BP members: who all on this board have started their RE business from nothing? That means you had no money and no personal savings to put in to marketing, down payments, etc.Follow-up questi...
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After reading the book of the millionaire real estate investor by Gary Keller, where it says to track your net worth frequently, I started few months ago to track my net worth and see it how it performs during time. I...
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I'm not a negative person. But, my latest encounter with a specific wholesaling operation in DFW has once again left me with a nasty taste in my mouth. It's bad enough I have wholesalers marketing "deals" to me that...
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Background: I am still looking for my first investment property. I have found a 3 bedroom, 1 bath for approximately $30,000 and I think it can sell for around $80,000 to 100k with ~20k in renovations. It is a 1.5 st...
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Here's my simplified as possible scenario:
in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...
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It has been almost 10 yrs since the last recession started. Many of us have not been through a downturn. Can some more experienced members tell us what to expect if we own notes and give suggestions on recession-pro...
Im tired of reading about all my local CA investors wanting to run out of state for so called "great cash flowing properties". I have purchased (along with some of my investors) over 2 dozen SFR and MFR positive cash...