Hello everyone. So last year I bought a 7 units apt for 1.06 million dollars. Everything looks great on paper. Bought it with 3% seller financing on a 8% cap. What could go wrong right? Only thing is I didn’t check wi...
Hello all!
How is everyone doing? Are you insulated for a big drop or are you over leveraged?? with money being this cheap STILL are you all seeking to borrow or hold off?? just curious.
I have just gotten a refinan...
Hi everyone! I recently received an offer letter to start helping a local wholesaling company with acquisitions. What would be a reasonable commission to negotiate? Could I negotiate base pay? This company just starte...
I sold my duplex and I’m sitting on a pile of cash. Moving forward I will implement the BRRRR strategy to get up to 10 properties, recycling as much capital as possible. I’m excited to move forward in my REI career, b...
I keep watching these "guru" videos and they say "3 Hours Worth of Work for $10,000". My question is, what are they not doing that I AM, or what am I doing that I SHOULDN'T?
I walk my neighborhood daily and end up w...
We are in the process of buying our first official real estate investment! (YAY!!) We got the inspection back today; the issues are as follows: mold beyond the surface mold we originally noticed when checking the hous...
I am interested to hear some of of you got started in real estate investing and how much money you all had to begin. Thanks in advance!
I am about to sell another flip, and I have been deciding rather or not to buy a commercial property to flip, for the reason that the banks are wanting too much for dilapidated housing that has all turned too competit...
Economic Update
(Monday, June 7, 2021)
Is Los Angeles a City-State? I ask this question because no one seems to know what Los Angeles is, exactly: city of angels, revenge city, or something else. In 1925, Aldous Hu...
I've heard people recently mentioning that the US is headed towards a market correction. In what ways is this different than a full crash, like in '08?