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My partner and I just closed on a three unit the end of July. We purchased the building from someone who was not a good landlord. Two of the tenants in the building are still on his year lease. The lease is very vague...
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Assuming you have a corporate job with employer matching 401k, would you save money for down payment for real estate investment or would you invest in 401k?I understand this question can be answered differently depend...
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Hello all, I've been reading, listening, and studying real estate investment pathways for a couple of years now and one thing I keep coming across are RE wholesaler "mentor" programs. Here I'm thinking of courses like...
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I don't understand people who are long term tenants, and the logic behinds it bothers me. They are paying monthly rent to other people, which doesn't make sense to me. If they have money to pay rent each month for lon...
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It is pretty amazing to find just how many people are offering "mentorship" for 10s of thousands of dollars to newbies who want to get into real estate. What is more amazing is the amount of people actually buying th...
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That was really my biggest challange when getting started investing in real estate. i didn't read a lot of the post in the wholesale catagory, but i have not seen one taht address this. When i got started it seemed li...
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I don't know who needs to read this, but I feel it needs to be posted, publicly.
Recently the following happened:
- BP Member posts negative statement about syndicator to these forums, involving lost money, poor co...
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We are under contract on a side by side duplex near our hometown in Ohio. We just found out that we are inheriting the sweetest 80 year old tenant who has lived in the place for 20 years. Market rent is $950+. This li...
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I have a problem with paying people by percentage rather than pay per hour.For example, nearly every single property manager charges a percentage of the rent 6% to 10% of the monthly rent for property management fees....