Hi there BP!the following is something I feel needs to be written to kind of get a lot of things on the table. First off, a couple of disclosures: 1) I am NOT a millionaire in real estate. I'm just a hard-working d...
I am currently in a BINDING contract with a SELLER of a residential piece of property an I am the BUYER for the sum of $20,000.00. The contract is seasoned, and is sitting at a Title company ready to close. There is a...
I just closed on my first rent house. The tenants that are in place have been there 2 years. They appear to be great tenants. They have kept the house in spotless condition for the last 2 years and always pay on...
On this forum it’s obvious that most are either investing, or want to invest, in real estate. But I often wonder, of those who invest, how many are still pumping money into Roth’s, 401k’s, and the like? I wrestle with...
I found Rodney’s write-up of his deal incredibly helpful, so I wanted to give back with one of my own. Thanks for the inspiration!
Background
A little over a year ago, I was working in the entertainment industry in ...
Every time I read about the strategy of assuming a non-assumable mortgage alarms go off in my head. I have read the whole philosophy that banks would rather have a paying customer than foreclose. And this little vo...
Here is a healthy modern day brainbuster. I am currently underwriting the following play -Currently a 25-50 unit multi-family. Primetime location. No shortage of traffic. Renovated each unitConvert to full-time Airbnb...
I'm not seeking to buy at the moment so I am using this time to practice. There is a neighborhood of interest that is up and coming and has some nice 4-plexes. I have considered contacting the sellers (off market) to ...
To save afew bucks
Found stove,fridge,microwave cheap with bonus baby roaches"sweet"
Memo to self: buy new or look the stuff over
One tenant is going to get the rest of my money to me no later th...
My wife and I are currently in the process of flipping a house and we own another. The house we are flipping we paid cash for and are paying cash to rehab it. When the flip is done we will be into it for around 180k...