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I have a seller with several turn key rentals he's getting rid of. I am in the process of putting 3 under contract and he is asking for 10% earnest money on each. I'm still fairly new to wholesaling but isn't that a b...
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Hello bay area dwellers,I have been thinking of getting started in real estate by investing in a (MFR) in the bay area. I crunched some numbers to come up with cities that offer highest rent/price ratio (in theory) wh...
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My methodology is very very conservative. A lot more conservative than many here. Most are using other peoples money, and taking equity out of houses to buy another, etc. I just really don't want to get to a point ...
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Looking at this now, I should have posted this a while ago... Two months ago a situation came up for one of my rentals. Two of my tenants were arrested, sent to jail, and will not be returning anytime soon. The one te...
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So i read all the books and listened to all the podcast that say... Find the deal, the financing will come .... this is not true... The truth is that if you are starting out, you need great credit, i nice down payment...
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A few years ago I set a goal of $100k of rental cash flow per year. This month (it's only Sept!) I made it! Started in 2007 with a 5 unit, another 5 unit in 2008. Tried to sell around 2010 due to frustrating tenant...
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Hi. My name is Evan - I'm a 21 year old college student. Right now I'm basically doing pay-as-you-go here-and-there gen-ed courses, but I plan to start pursuing a Mechanical Engineering degree in the fall at ISU.
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Hey guys, I am looking at getting into the STR game in Galveston TX or Destin FL. The problem I keep running into is that I can barely cashflow with the numbers I've researched. I would love for anyone who is currentl...
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We signed up for way more renovations than we thought.
Our total is 60K so far in repairs, 75K on credit card with 15K in cash in bank account (borrowed from credit cards.) The first unit is not rentable yet, alth...
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So, I'll preface this with the fact that I admittedly didn't handle this famously from the start, and my re-evaluation is, in part, evaluating parts of this issue that I really should have looked into before I got inv...