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Anyone have advice on how to calculate the 'numbers' on vacation rentals?I believe it can have a good cash flow even with the added expenses as long as the property is in a area of high rental demand and the property ...
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I finally (long story) have a signed contract with Freddie Mac on a REO foreclosure in Florida. The contract states that "seller will designate closing agent and pay for owners policy and charges". I received the clos...
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Buying Our First Home Was Like Playing With FireWe are young and naïve, but we are also risk takers. That’s why decided to buy a colonial built in the late 1930’s for $310,000 in Totowa, NJ with 10% down payment. It...
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Hey everyone, I am looking into real estate investing and curious to know, how you all financed your first deal? I am thinking of starting by flipping, but I do not have quite enough money to afford a 20% down loan. I...
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Looking for recommendations on what processes to put in place, services to hire people to find and the overall best way to launch this property. I have a fair amount of long-term rentals near this location and I live...
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You can become a millionaire investing in real estate in many different ways. with that being said, I really, really hate when one side of the isle say you should invest in real estate their way. I'm 95% Dave Ramsey. ...
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Hi! My name is Ed Littell, I'm 27 years old and currently live in Troy, NY. I have absolutely no experience in either investing or real estate. I'm interested in REI not just for the potential of financial independenc...
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Hey everyone,
I have a potential deal I need some help with. I can buy an older 12 plex in a nice residential area (mostly sfh's on the street) for 560k. Gross rents are 75K/yr for 2013, with net after expens...
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Good Morning BP!I've recently decided to make that jump after several months of deliberation, self education, networking, etc. I will be leaving my current job (government analyst) to start a flipping business in the ...
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i am leaning toward installing a dishwasher but NOT installing a garbage disposal. thoughts or strategies either way?