Hey guys, I wanted to share another great story on a property we closed earlier this year.As I’ve shared in previous posts, I have been partnering with other people to acquire more rental properties in Canada.I believ...
I own an now long since abandoned house in NJ. There was no mortgage but the taxes and W/S bills now far exceed any possible value of the property. The town used to clean up the property and then put a lien on the p...
It all sounds so perfect: you can buy a house for cheap, have someone else fix it up for you and then rent it out for great cash flow. You run the numbers (on a BP calculator, they are really good BTW), you read the f...
I was just wondering what everybody's education or background is? seems that a large percentage of you folks have some type of formal "business" or finance education, or come directly from the world of Real Estate?
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Do you suck as an investor? You know what I mean, are you an investor who just sucks knowledge and resources from others without giving anything in return? Do you expect others to just impart their experience and know...
It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
Hey all.
Writing about the john reed article that was posted on here a bit ago, talking about how most investor's deals they say are good are actually not at all, because according to him, every property over time av...
Here’s a recount of my first BRRRR (Buy- Renovate-Rent-Refinance-Repeat) deal with specific details/numbers. This post is long and detailed, but for those who spend the time to read through it, I hope it helps.
How...
Is this a deal breaker for you? Is it an automatic disqualified? Or, do you take it on a case-by-case basis?Here's some background info on my situation:Renting out a townhouse in a decent, working-class area, some cri...