Scott L.
1st Chicago Property - How _____ did I do?
I am just getting my feet wet in real estate, and figure there is no better first post than my first deal! Below are the basics, let me know if you have questions. Just looking for some basic analysis and advice - w...
Account Closed
Are prices going to start up again?
I just got an email from my realtor regarding my decision to wait a little longer for prices to come down more. She said this:
"Sad to say that all indicators show that prices will start ticking up not down. The buil...
Mark Brogan
this is why you do NOT just put houses under contract
I met a wholesaler in my area last week,he had what I thought was a good deal on a house until I had a preliminary title search done and found out the house had lots of liens and back taxes on it.Would any member of b...
Nina V.
Section 8-First time landlord and already in trouble! Please help
Hi All,In the process of renting our property, we received many applications. One of them was an aggressive lady on section 8. She assured us she has excellent credit score. My dad who was helping with the process, se...
Jose Corbera
Why are mortgages so expensive?
Hi All,I'm about to purchase my first home with the intent to rent it out in due time. The cost of the home is 225k with 3.5% down. My monthly principal and interest is 1054.72, but when including hoa fees and the oth...
Dave Kennedy
Profit Margin for rental???
I am wondering what is considered a "good" profit margin from a rental?
Its obvious you want to be making profit...the more the better. But is there a bench mark that expereinced and successful investors make? Are we...
Frank Matanane
1K for marketing - How should I spend it?
Hello BPJust finalizing details to have my biz partner fund a small marketing budget ~1K/mo. Looking for recommendations on how to spend/allocate the budget: Direct Mail / Online Lead generation. Picking up about a 10...
Emily Sulliban
50% Rule- Is it Really a Rule?
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...
Kyle Doney
New company offers flat fees for selling homes
Interesting read about Denver company Trelora, trying to take down the commission structure in Real Estate. Seems like agents are up in arms over this. Article below.
http://www.denverpost.com/business/ci_244...
Jeff Lively
Wholesaling for beginners
My goal for wholesaling is to do 1 deal per 2 months in the year 2017. I will soon live in the Waco, Texas area and will be attending Baylor university. This will be a part time venture but I know that it will take ha...