While listening to Barbara Corcoran she emphasized the need to have other income while building your real estate holdings. I wonder how many actually live off rental income alone without having put in years of buildin...
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
I am generally not a fan of wholesalers. I find the majority of them to have low repair costs and high ARV. I see way too much daisy chaining. But...the good ones are fantastic. The good ones use some or all of these ...
Do you pay off the mortgage at a higher rate? Do you put the money into savings for THAT property incase it needs work? Do you put it into its own savings account to use for future investments?
I am close to closing on my first flip. I have paid mostly cash along the way (year and a half) So I am needing to keep some cash out of the 1031 exchange. My question is if I bought the house for 10k and put 30k into...
Professionals and fellow-investors,I’m running a blockchain real estate brainstorming group...Can you help me out with answering the following questions:What are aspects to your job that you don’t like, specifically w...
I've searched around the forums looking for someone in a similar situation but it seems like not many are where I'm at.I'm 21 years old and just recently got engaged. I don't yet have any investment properties. I know...
Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
New Texas Excess Proceeds law introduced - What is your take on this ?How do you think this will affect previous owners and investors that their primary investing strategy is helping previous owner collect the excess ...