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So I may have an opportunity to get a great deal on a house but it needs A LOT of work...I mean a lot, its been vacant for 20+ years. I am new to the REI industry and this would be my first flip. Anyone have any ad...
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We are doing our first C Neighborhood rental and are estimating ~$650/mo for a 2bd/1ba/1300sq.
I was told if I put appliances into the house then that generally will get us a bit more in rent/mo. Understandab...
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After years of reading books on real estate (most recently by David Greene and Brandon Turner), I'm finally getting started! Unfortunately, I think I need to break some cardinal rules in order to get into the game. B...
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So first let me say, my wife and I got into real estate investing about a year ago. I am going to put below the RE deals that we have made, thus far. 1. Duplex- Paid 16k-Worth 35k- Generating $1,280/month in rent2. SF...
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Now that I got your attention, let's talk about Short Sales and whether/when they are a good fit.First, some context:A Short Sale is when the NET proceeds from a Real Estate SALE will fall not cover the DEBTS secured...
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Hi guys,I'm looking to update a washroom in one of my rental units. I need :1) New flooring (probably a ceramic tile) with sub flooring2) New vanity and sink3) Mirror and some paintI've called a few places and the qu...
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Hello all,I found a free and clear seller (somewhat motivated) who is willing to do owner financing. I plan to buy and hold that property. I am going to take a look at the house soon and plan to offer him all cash off...
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Hi all,I am one of those who think there is never a “bad” time to buy real estate, but there are very difficult times. I have always thought that the key to real estate wealth is through long term appreciation. With ...
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Wheeling ILPurchase: $126,100Reno: $44,800SOLD: $231,000PROFIT OVER $45,000!
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Hey everyone, new to rentals on my end. Im struggling to get my cash on cash over 9% when evaluating 15 year mortgages. I'm looking to build my portfolio of rentals using only 20% down for each. I have solid job incom...