Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
So here’s the deal...
We are technically under contract on a property in Texas and a few days before we were to close we got the appraisal back and it came in 8k under the contract price. Now since it’s a fha loan we ...
There are fewer short sale or foreclosure in the market right now so I am thinking to buy move-in ready investment properties directly with 25% down payment and 30-year fix mortgageIf down payment and fees all togethe...
For those that think investing in the Ghetto really is not as dangerous as they say please take a look at this video. We actually know these particular bailiffs. They have done several evictions for us & have told...
After reading the book of the millionaire real estate investor by Gary Keller, where it says to track your net worth frequently, I started few months ago to track my net worth and see it how it performs during time. I...
Lately I’ve been feeling like I’m never going to advance much further in this whole real estate business because I don’t have the money to make a deal. I’m introverted and terrible at sales and networking, so I’m str...
A longstanding great tenant of mine is terminally ill and has moved out (it’s highly likely he won’t be back). He’s now living with family and receiving hospice care. He’s in very poor health and likely will not surv...
I happened to run across a message from someone looking to sell a near 50 unit apartment complex in my town off mls. We spoke briefly on the phone and he said that he would prefer to meet in person, so we scheduled to...
Hey guys, I'm 23 and closing in on officially purchasing my first rental property, just finished inspections this week. The property is a 4plex in a great part of my town. Two of the units are currently rented to LONG...
I'm sure it's been discussed before but I'd like to tell something I see (correct if I'm wrong):a 401k loan should be among the last resorts for borrowing. reason being is you pay it back AFTER taxes. if you live in ...