Ok so for first time new investors, i went to multiple of banks and there is no such thing as no money down or 3 or 5 percent low down payments, its normal 20 or 25 percent down, so only way i see to profit from rent...
Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
I purchased my 1st investment property from REI Nation last year and a major selling point to me was that the average tenant staying for ~5.5 years. This morning, after ~1.5 years, I was informed my tenant is termina...
Lets see how much thought is going to go into this housing / bank bailout . . . frankly, I'm starting to think that the move to make is to stop paying the mortgage so I can:
a) Get "bailed out"
b) Renegotiate my loa...
This is more of a vent than anything.
So the first month with a new tenant has come around and I still have no rent payment. We set it so it was due on the 5th and late by the 10th; The renter wanted to pay r...
My first 4 plex "Las vegas"First let me start off my introducing my self and letting everybody know this will be my first property ever, an investment property at that. my name is maurice. Im 26 years old and currentl...
So I have shown this apartment more than 12 times and still don't have a renter.
One family said they wanted it but didn't make their appointment to give me a security deposit so I called them and they said t...
I have posed this question to help me serve my students better. I know most answers will focus around lack of money, but I think the answer is more complex. My three biggest reasons for taking action: FEAR, family m...
First, I'm confused as to what exactly caused the housing bubble of 2007. It sounds like people were unable to pay their mortgages, thus resulting in foreclosure, but why were they suddenly unable to pay in the first ...
TLDR: Student & Employee looking to passively invest 25K by June 2021 for long term (appreciation focused, cashflow unimportant). Currently heavily considering Turnkey investing. A) Should I consider anything else...