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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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I moved to DFW in 2005 about a year after law school and immediately purchased what I perceive as an expensive house. I spent way more than I should have and bought way more house than I needed. Like many people my...
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-->> My own disclaimer - I understand any replies/comments etc are not legal, tax or financial advice and I should seek out my own professionals and hold anyone responding harmless****************So cliff's note...
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So theres a ton of talk about being over leveraged, a downturn or correction is coming, etc etc. Well, I'm pretty leveraged. It was the only way to succeed without a 350k/year 9-5. brrr over and over. So correct me if...
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In another thread where someone was looking for properties with Chinese drywall, a company called AbSheild was mentioned as having a remediation process for this drywall. I looked at this company and their claims.
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Victor Minasce has some compelling data suggested there may be trouble ahead for Short Term Rentals.
https://podcasts.apple.com/us/...
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If you were advising a new investor starting out, what would you say would be the fastest way to make a million dollars investing in real estate? When I say fast, I don't mean get rich quick. I mean the most direct ro...