Hi all,I purchased my first property earlier this year. It is a triplex set up. However, it’s quite Unique. It’s 3 single family homes (bungalow style) on one piece of land. The homes do not share any walls. I’m livin...
I think too often I see threads and books about "success stories". People talking about how they grew their business, locked in enough seed capital to fund their business for 10 years, bought their 4th and 5th units. ...
So I bought a home in Hawaii in 2005, rented it out from 2011 until this summer and sold it when my family moved to Lexington, VA. Thought that doing a 1031 made the most sense, but in the end felt kind of pressured t...
So I discussed getting a loan on a commercial property (8 units) and he gave me a "soft" approval with values as 30yr fixed and around 4% interest. I spoke w/ him again today and he said it would not be that. I guess ...
ROOKIE MISTAKE!!! Just telling my tale hoping someone will give me some advice or hoping this will help someone else. We bought our first property. Yeah!!! We've been planning on doing this for awhile. I contacte...
Hello Everyone.This is to all my investors, I would like to learn from all of your mistakes. I'm ready to do my first flip(auction homes, pre foreclosures, foreclosures homes) however, I want to gain as much knowledge...
I made a mistake. I bought a property in Texas (I live in another state). When problems with an eviction led me to believe I may be sued, I deeded the property to "Sue Smith (not real name), married woman, whose maili...
Want to share my first flip, project. Even though it did not go as planned and we turned out to not be profitable, I think it's just as important to talk about our failures as much as our successes. I am still gratefu...
Hello! Newbie here - 2 weeks into my first property, I plan to house hack short-term rental (live in basement, rent main house) in Nashville. I'm doing some improvements before listing on Airbnb, including installing ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $176,000
Cash invested: $53,968
Sale price: $220,000
Want to share my first flip, project. Even though it did n...