Brandon recently said that $200 of cashflow after expenses (including mortgage) on a house is a homerun. I am aware that different markets produce different results, but what is the minimum amount of cashflow you woul...
This is a bit long so.... I am wondering if any of the BP members have heard anything about using a HELOC to replace a fixed or traditional mortgage??I recently came across a u tube video of a fellow in Hawaii whose...
Hi all, I am interested in getting started in real estate investing and pretty overwhelmed after reading a lot and doing a lot of the basics over the past 6 months. I am a physician so looking for more hands off inves...
I'm surprised there's not a category for self storage. In my opinion, it's as lucrative as mobile home parks and easier to come by.I would love to connect with others that are investing in self storage facilities.
Hi Everyone,
Got this message from Boston REIA and thought everyone should know about it.
Rosanna
Dear REIA Members:
The following information is extremely important!
HUD has proposed to eliminate ALL seller fi...
So I'm still doing my research on some properties in Memphis and I'm not seeing the cash flow return unless I'm missing something.Have a few homes in the $60K to $70K range. After I put in all the numbers for a home t...
Ok - I just dont get it...If a seller carries the second, does that mean he is actually taking out a mortgage for like 20% so that you pay only 80? Or that he's cashing out 20% and giving it to you, or what?
Is it som...
Hi BP
Are you a REI? Do you have your Real estate license?
If NO, why?
If YES,
1. Are you an Agent or broker?
2. Where do you work? (Big/small brokerage, own your own)
3. Pros and cons?
4. How much of your Inve...
So I just got off the phone with a Wholesaler (of 14 years, according to him), and asked about a property of interest. This property has been reduced $13K (interesting)...Here's the conversation:Me: Is this an assignm...
Both Democrat and Republican presidential candidates have found common ground in the idea of using federally owned lands to address the U.S. housing shortage. Vice President Kamala Harris and former President Donald T...