Purchase Price: $39,000Buying Costs: $1,000Selling Costs: $10,400 (Incl. commission, buyer's closing & warranty)Rehab & Holding Costs: $24,400Sale Price: $101,500Profit: $26,700Holding Time: 112 days cl...
Hello all! I am a newbie investor (1 property as of now, but I am looking to expand that currently). I have been diving in to reading materials and podcasts as much as possible, and have come across Pace Morby and the...
In a couple of weeks I'll be getting my RE license and I look forward to jumping right in. After spending a year in the wholesaling world and working with a bunch of agents, I learned more about what I don't want in a...
Hi all, I need an experienced attorney that has experience setting up US LLCs and holding company entities for US citizen real estate investors living abroad. I also would like to engage with an experienced CPA that h...
Hi, all. I am going to see an 8 unit Queen Anne house on Tuesday. Asking price is 155k and rents all together are at 5k/mo. If this place is in decent shape, this will be a great deal! I do have the 20-25% to put down...
Hi all,I would like to ask a question to the experienced note buyers on the forum - what is the best way to sell a non-performing first trust deed to another buyer? Are there websites that one can use to sell the note...
Hi all, I have llc set up for my rental and everytime new tenant move in I need to go bank open a new business escrow account is a pain. Sometime the banker has no clue and takes me few hours each time on bank.Anyone ...
Hey all, I was discussing a property with a REI friend of mine who mentioned that I should avoid SF due to the potential of the seller becoming bankrupt and if that were to happen the real estate I am paying for would...
Hi all - I am looking for an investor friendly handyman or contractor that can help with a few items for my house in Dunwoody that I am about to list. Also I am looking for some landscaping recs. Some of the items are...
Hello all,
I am a newbie looking to get into Real Estate investing. I have two questions:
1. Is the Wholesaling strategy really the best way to break into investing? And if so, 2. what is your best piece of advice ...