I just listed an apartment on Friday. It's in a "D" neighborhood. It's my first turnover in over 3 years (39 months) in these buildings (2 side-by-side quads). I had **13** solid, completed applications (not just vag...
I am ready to purchase a condo that I am going to renovate and then flip. The seller is insisting that I pay them in actual, physical, cash.
Is this something that can be done? If so, how?
Thanks in a...
Hi everyone!Some quick background info on me. I've been involved with REI since I was a child through my dad. He's a very successful real estate developer here in California and over the past 20 years, he's developed ...
I'm a 19-year-old college student in Fort Lauderdale, Florida. I recently talked to a doctor who is aspiring to live in Manhattan, New York about real estate.When I asked him about how I wanted to start investing in r...
My wife is super pessimistic with things and worst case is the first thing to her mind about most things. I wan't to do a BRRRR but she has a hard time wrapping her head around the idea. Not sure how to get her on bo...
I've been doing a rental property rehab. The contractor hasn't come close to meeting any of his target dates, and has gone over budget many times. What is the best way to keep him on track and hold him accountable for...
Hi All,I was wondering are you still using the 1% rule when doing quick and dirty new deal analysis? Is anyone out there still able to achieve the 1% rule and in which markets?Recently I noticed I get to 0.7 or 0.8% a...
Would like to hear from others on this one.Often, when I tell someone about an apartment building located in a class C neighborhood in NYC, the first question they ask is whether I carry a gun when visiting the proper...
Hi guys. I'm in the process of purchasing a property, but I just realized it has negative cash flow when I factor in the maintenance and vacancies. However, I think one of the main reasons it has negative cash flow is...
I'm a gun owner and I own "that" rifle and "those" magazines, but the Sandy Hook incident has changed my mind. It's not just guns, but guns are part of the picture and such needs to be addressed. I had teachers that h...