I have been flipping properties for 2-3 years and have done a fair amount of deals. All profitable I have 7 houses for sale right now and having some trouble selling them with this market slowdownMeanwhile, I have bee...
Welcome to the 2nd annual Hunger Games!! (Meaning that we all are hungry for success... There will be no killing here)Due to the success of the first game and multiple requests for a round 2, well... Here we go!!Again...
We're trying to sell our first flip near Hagerstown, MD. The whole project, which we started back in September, has been a huge learning experience for us, as expected. Unfortunately, the selling part is not going so ...
Hey everyone, I'm new to this home ownership deal and am currently doing some rehab to my basement. I have had to stop all repairs being done to my house because the contractor sent me a bill of an additional $38K on ...
Let's hear from all the smart, intelligent property owners who automatically dismiss those with evictions on how they will be handling the 30 million people getting ready to be, if not already, evicted because they lo...
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
I posted months ago about my plans to leave my high paying W2 position, and COVID did this for me last month. My employer never liked that I had rentals and also flipped some properties, but the truth is he had talked...
In your experience, could one possibly hit the $24,000 monthly net-after-tax rental income mark in ten years time if: (1) they had $120,000 at their disposal every single year to invest for the next 10 years; (2) they...
Over the past few months here in San Antonio I have encountered numerous situations where I send in an offer on a property and receive a flat out "no" or "we are declining your offer." I always encourage clients (sell...
Have you participated as a lender with Lending Club? I'm eager to hear about how you chose the loan to invest in, how the returns were, quality of customer service, and any other aspect you'd like to share.Thanks!