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Hi all!So im heavily debating on getting a second unit but am unsure of my capabilities to. I own a single family house that only profits about $80 a month after my mortgage and such, but I have roughly 40k in equity....
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I purchased my first rental 2yrs ago while in college. Paid it off, graduated, and now I'm exploring ways of slowly turing full time RE Investing. I am interested in mainly rental property with a flip or two every ye...
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Does anyone have any good resources for determining the best method for structuring a deal to purchase a single family house. I have a decent understanding of flipping, wholesaling, lease option, sub2. But looking f...
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Well I got over my analysis paralysis on my first deal and made a low ball offer of 10K on a 40K property. 3 bed 1 bath. The house is an estate that has not been lived in for 2 years. They came back with 25K. Do I ...
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Is it reasonable for a person to sell a property in less than 45 days with no improvements for 30K more than acquisition? Purchased property at 155K cash, selling for 185K. It is a familial transaction to a close fami...
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With 200k cash should I pay off my rental property or buy more properties? What are the pros/cons of one over the other? Tax savings? Long term? Thanks
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With the interest rates on the raise, would it be better to stop flipping and change to buy and hold strategy?
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I would like to get some insight from experienced investors on if you use the 70% rule for ALL your flips? Could someone explain a little bit more in depth what the 70% rule really means and why they suggest you buy a...
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Hello All,I'm executing a 1031 exchange in September. I am realizing $300,000 from the sale ($100,000 profit). I'm planning on purchasing new property for around $270,000. That will leave me with $30,000 in "boot" wh...
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Hello,I am a beginner and would appreciate guidance from experienced advisors on what is a good strategy for real estate. Flipping VS rent and hold for say 4-5 years. Is flipping comparable to day trading in stocks ...