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My backgroundI've been investing in SFRs in my local market since the 2009 crash. I started off pretty clueless but ended up with a few successful rental properties. If I got to do it over again, I would have been muc...
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Just got my first deal. Now we are ready to renovate. Is it customary to pay contractors anything up front? Most bids came in asking for 50% up front and 50% upon completion.
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In another thread I mentioned one of my hard money loans was going to default. It did, and my business partner and I have now taken back the house deed-in-lieu.
The place has some cosmetic issues. Its total white...
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I recently engaged in a negotiation to buy a portfolio of rental apartments from a seller whom just inherited these properties from her late father. The properties were off market. I contacted her to discuss if she mi...
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So my insurance is deducted from my rental payments and i see it noted every year on my statements but see no documentation from them showing me insurance is in place. The water was turned off between tenants and when...
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Economic Update
(Monday, May 31, 2021)
The one place that's rip-roaring in our economy is the housing market. In fact, home prices are accelerating, as the Case-Shiller 20-City Index shows. Year-on-year gains rose ...
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Wanted to ask if anyone has any ideas for how I can finance a duplex.
In a nutshell: I've got excellent credit (750) and 20K of savings. I figured I'd be in a good position to pick up a duplex down the street, but ha...
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Although it scares the hell out of my wife I am developing an interest in rental properties and I'd like some advice. I am fortunate enough to earn a very good living that allows for 3-4 days off per week due to a com...
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I just signed up for an 8k real estate course. I only had 13,000 in savings, but figured spending over half to invest in knowledge was worth it. I paid late last night and woke up with some worries. I am unsure if I s...