Hey guys and gals!I’m driving for $$ now using the Deal Machine app and there is a property that the app states has an absentee owner, but I spoke with the woman who is currently renting at this property and she said ...
I hope I'm doing this correctly. Thank you in advance.
3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235
Using the 2% rule, I would need ...
I found this today about a proposed meltdown:
The Day The Dollar Died
I thought some of our resident Tea Partiers would enjoy it. Most entertaining!
I've been considering quitting my job a lot lately, should I? I recently purchased my first 3-flat where I should be able to successfully house-hack. Mortgage is 2k and rental income should be about $2600 a month. I m...
They gave notice of move out end of March. I've had two showings in about 1.5 weeks. Usually I do an open house in summers but it's slim pickings and waiting for enough people to justify an open house is not feasible,...
Folks, I was talking to a turnkey company to buy an investment property, and looking at a few properties. Their pro forma sheet doesn't take into account ANY vacancy or repairs when calculating cash flow, and the rent...
First off, I’m a true believer in the saying “If you have a dream in life, you should seek and follow the path to obtain it!” In late 2006 we saw the real estate bubble come into play and wreak havoc on the housing in...
So we all know the market is crazy right now - i don’t know much, read a couple books and have more I want to read. One year from graduating college. I keep seeing stuff over and over saying we’re due for a correction...
I'm looking to start investing in properties this year. I find myself leaning towards properties that I can rehab on some level to ultimately gain more equity overall. However, I see a lot of experienced investors b...
When purchasing real estate as a rental. Most of us will spend a considerable amount of time to insure that it cash flows. Not so many years ago I ran into investors that paid much less attention to cash flow and th...