Hi everybody! I'm a newbie. bought my first house in February and had it rented May 1st. Late July my tenant sent me a text with a sob story about a fraudulent check he deposited, he wouldn't have the rent on the ...
Does anyone do their own accounting? I'm trying to set up "asset" reserve accounts for Vacancy, repair & maintenance, and cap ex. how do you do this or are you accruing your expenses? How do you save for the expen...
I just closed on a crazy deal. This is a 5 acre property with 10 single family homes, each about 850 sqft, 30 minutes from DC, and is a complete dump! Piles of trash on the sides of the road, two of the homes have bus...
I just finished a BRRRR in Seattle WA.I did cash-out refi’s on my 3-plex and 4-plex, pulling a combined $168k out. Both properties still cash-flowed well after the refi’s and the 3-plex has zero of my capital left in...
Landlords - Help the new folks out and let them know what you were doing with you bought your first property! Can you get started in real estate investing while working a full-time job? Click Here to Take the Poll!Cli...
I was an investor in New Jersey, slowly building a small rental portfolio. I had flipped a house and a wholesale deal, and owned three rental properties. I had some ambitiously huge real estate goals, and buying one r...
Make a bunch of money doing a flip! OK ok ok, easier said than done right?Well let me try to help. You will need some money. The best way to get money is by doing a flip! So only for that reason, will I share how to...
Hi everyone, my name is Michael and I'm a 15 year old from New York. Over the past year or so I've been trying to get into real estate but there's always a problem with either the strategy or my age. I looked into B...
So, this is in the news now-days. Here are a few thoughts - feel free to jump in:I've often said that I think it's kinda naughty when people charge $30,000 for real estate education. My rationale is as follows:Real es...
Article:https://www.wsj.com/articles/your-parents-financial-advice-is-kind-of-wrong-11568367000?mod=e2fb&fbclid=IwAR2XL4axyaQpo43fAkn_Q_fWBU3GiHJ9_K6t5c8G6rMnPCfed1KBBXIVhToResponse:Let me set the scene to save yo...