Douglas B.
Any tips for low income/section 8 rentals?
I'm ready to buy my first duplex. In our market I can buy a habitable duplex in a low income urban market for 30k. Rents are aprox $500/unit but will likely be low income urban or section 8 tenants. The ROI opportu...
RJ Jackson
Rental that doesn't meet the 1% rule
Thoughts about purchasing a brand new home that doesn't meet the 1% rule.
It's near a new elementary in a growing area outside of Austin. 205k, 3/2, rent is about 1500 in the area. It will be my first rental which is...
Ben Parr
Self-Insuring Rental Properties
Has anyone ever looked at self-insuring wholly owned rental properties rather than paying an insurance company?
I've been toying with this idea for a while. Obviously it only makes sense after reaching enough...
Greg Ghunt
Fannie Mae Homepath Foreclosure - problem with deed description
My closing attorney wants to walk away from this Fannie Mae Foreclosure property, get my deposit back and forget it. Essentially, the deed does not describe the property boundaries, but rather refers to a lot number o...
Daniel Casaca
Best type of Real estate investment for a young person
Hi There,
I am 27 years old and I want to continue in investing in real estate. I started investing in the stock market when I was about 17 and have done well. I made enough money to buy my first house one year ago.
...
Steve S.
First time investor needs advice
Glad I found this site. My name is Steve and I am 32 years old. I currently own a wholesale company for autos and powersports. I am looking to get into home flipping. I have a contractor buddy who approached me with t...
David Ptak
Over leveraged
Hi everyone. I've been reading and listening to podcasts and hear about all these folks that build these huge portfolios within just a few years. What I can't make sense of though is how can one keep accumulating prop...
Ericka G.
Refinance or Pay Off Mortgage?
Hi all,Need some advice. I moved into one of my rentals full time. It was purchased on a 5/1 ARM at 3.875% about 5 years ago and started out as an accidental house hack due to a temporary out of state work assignment....
Daniel Ortiz
Student Loan Debt - Enough to Buy a House!
Hey Everyone, It's no secret that Americans owe over $1 trillion in student loan debt, spreading out over millions of borrows. I'm curious to hear how other successful real estate investors who were once faced with th...
Account Closed
Detroit Bankrupt
My dad just sent me this link.
http://theextinctionprotocol.wordpress.com/2013/07/18/motor-city-goes-bust-largest-ever-municipal-bankruptcy-in-u-s-history/
What do you all think about the REI market in Detroit after...