Megan Kline
What is the minimum cash flow per door per month you use?
I am just starting to acquire rental property and curious what others consider the minimum cash flow requirements for deal analysis. Per month and per unit, after expenses and debt service. Also, self manage or pay p...
Twana Rasoul
If you are starting out, DO NOT pay for mentorship
It is pretty amazing to find just how many people are offering "mentorship" for 10s of thousands of dollars to newbies who want to get into real estate. What is more amazing is the amount of people actually buying th...
Joe Splitrock
Home Ownership Doesn't Build Wealth
A new study that was a collaboration of three universities concluded that in the nations 24 largest markets, only 4 showed median price increases between 2010 and 2016. (Three of four were in Northern California and t...
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
I’d like to start a new kind of real estate brokerage. It would dually represent buyers and sellers and charge a total commission of no more than 0.6%. Instead of depending on buyer agents to drive prospects from hous...
Brian Gibbons
Getting Busted in Ohio for Wholesaling and Praticing RE without a License
Read Ch 4735Get a lawyerGet licensed and do wholesaling in OH02 July 2014http://www.com.ohio.gov/documents/Fall10REdiscipline.pdfLYNETTE S. MALY, Twinsburg, Ohio, was found by the Commission to have violated RevisedCo...
Sebastian Garcia
How's the current Union City, NJ Area market?
Hello everyone!I'm looking at properties in the Union City area, including Jersey City Heights, West New York, and North Bergen, but focused on Union City mainly for the short commute to the city. I live in NYC and gr...
Sean Integlia
Cooperative Lease Options
Hello All,
Was looking at these after purchasing the King Cooperative Purchase System. He includes the contracts, but only shows how to fill out the main one. Process is,
1. Locate seller with little or no equity....
Ryan Billingsley
Security deposit up front only option?
We have a potential renter who is offering to pay 100 dollars more per month for the 1st six months until the security deposit is paid. She is currently staying in a extended stay for $250 per week. She said she fou...
Greg C.
What I learned today...
As I'm researching and reading and google searching and listening... I'm learning.I just wanted to use this space to note things I learn as I learn them. I have absorb so much in the past month. Not looking for a lo...
Daniel Lipetzky
Input on first deal! Subject to -> 'rent to own'
So we are meeting with a potential seller on Tuesday for a house which we're hoping to get under contract subject to the mortgage. Just looking for some input on our evaluation of it to make sure we aren't missing so...