I'm getting my real estate license in Michigan this year. My question is what should be my main focus in the first 6 months? And for seasoned agents, what was the biggest mistake in the first 6 months of your career?
Hello Investors,I purchased a duplex in which to house hack with my family. The units are a 2 bed, 1.5 bath and a 3 bed 1.5 bath, all newly renovated with high-end appliances. We rented out the other side on a 1 yea...
If I am evaluating a property that I intend to live in while renovating to prepare it for sale (in 6 months or so), do I need to include the mortgage costs +utilities, etc while living there in the calculations for Ca...
I'm working on some seminar prep with @Jason Dillard. His presentation is centered around the idea of growing your transaction creativity/profitability through the mastery of paper. For REIs involved in development pr...
Hi Everyone,
For anybody who has experience investing in the Caribbean, due to the recent hurricanes that have hit the area, is now a good time to invest in places like San Juan or Saint Martin (either residential o...
Hi All! Long-time lurker, first-time poster. I've recently sold my home-improvement business in SoCal, and plan on moving my family to the Tampa/St. Pete area in the next 2 years to be closer to the in-laws. I've alwa...
Hi Everyone,After diving into real estate about 6 months ago, I've successfully added 3 properties to my portfolio. Each property is successfully cash flowing and has a 1-year lease in place. There is no major defer...
TL;DRMy first investment property (single-family spec home), used hard money, father-in-law (FIL) was my mentor (he also did some minor work with me, he’s a general contractor), net profit approximately $27k, total ti...
With present economy, my interest rate is now 8%, which is costing me 1,000 a month in interest. Some months I don’t make but interest only. It is my primary home, which I haven’t moved past this stage in investing, ...
:D Never owned one but am getting curious. Supposedly they are the most risk free investment you can deal in-is it true? What are the risks and benefits? When you bid on a tax deed are you bidding on the face (proper...