I am not sure what to make of this real estate market in 2019. The prices are out of control for lousy multi families. These properties don’t cash flow unless you buy with 50% deposit. With 30% down, you’re just break...
What would you say is better than wholesaling/flipping for new investors just getting started?
I will start off by disclaiming that I cannot take credit for the idea behind this post. I recently read and responded to a post initiated by @Adam Zach surveying all members wanting to see who in the real estate inv...
Introduction
My intentions here is not to do a quick look at the numbers but a deep dive into the entire experience of doing my first development. I did break this down into sections so that you can skip to area of i...
I have a two family house in Queens NY 1st floor tenant has been paying up to date 2nd floor tenant has stop paying since March , spoke to him today said he won’t pay until July because of covid . Now I spoke to my a...
I'm doing some passive investing in trust deeds and thankfully have never had any issues with defaults yet. I'm not setting up my own trust deeds, I'm investing though hard money lenders who do everything and I write...
Overcoming the mindset of paying down mortgages is a dilemma for me. Considering the low interest rates I am going to refinance a couple of my SFH rentals and my primary residence. It makes financial sense to me to ...
Just a question for other BP members: who all on this board have started their RE business from nothing? That means you had no money and no personal savings to put in to marketing, down payments, etc.Follow-up questi...
Hello everyone. Going to get right to the point here...I'm 17 years old, will be a senior in highschool this year, and college is creeping up fast. There's no doubt REI is the path I am taking and several seasoned inv...
Hi all,
I am in the process of starting wholesaling. After a previous stint financing a couple real estate projects in '08, I petered out. Recently, I've since decided to focus again, but this time in wholesaling. ...