My partner and I went out to lunch with one of our agents who sold us 2 buildings last year. He asked how much do we cash-flow on the buildings? We looked at each other and said we didn't know. You've gotta be kiddi...
This is a very basic question. I have never purchased a home before so I am not sure of the standard procedures or proper protocols. On a flip property for example, once you have an offer accepted do you then coord...
Hi everyone! I am new here and still relatively new to renting my house out, even though I've been doing it for about 7 years now. I'm only on my second set of tenants.My question/situation is:I rent my old house. The...
I'm young and trying to learn as much about real estate property rental investing as possible. Like a lot of first time investors, I'm looking to break in through multi-family properties. I reached out to my grandpa (...
This is something that I haven't seen yet as far as an investment strategy. I've thought about taking the cash flows from the rental and putting it towards the principle on the loan in order to expedite acquisition of...
First of all, I'm not a rookie, but I behaved like one, and I write this post as more of a cautionary tale rather than an attempt to seek advice. I know I should have done more due diligence, and I know what my optio...
G'Day everyone,It's your favorite Aussie and The Real Estate Dingo.I am writing to you today with my head down and my tail between my legs as I just lost $25,000 on a recent deal.ps. This post deserves at least 50 vot...
We rented our home out to a family on Section 8. It was our first rental and we made errors did not do our due diligence. We discovered several violations against their lease agreement early on but faced the challenge...
Be Greedy When Others Are Fearful – A Lesson From The Financial Crisis
“Be fearful when others are greedy; be greedy when others are fearful.” – Warren Buffett
There is a lot of fear in the market place right now. T...
So I have $1,500 and a credit score of 568. How would I go about finding my first rental property. I’m a new investor with no real experience. What are some tips and to help me get on my way.