I hear from a fair number of folks that are ensnared by one of these two fallacies right now.The first one is the "sunk cost" fallacy. The sunk cost fallacy occurs when we feel that we have invested too much to quit....
OK, 2 gutted and vacant props. On the 1st one, seller is asking $220k(mort balance owed) but the ARV is $415k w/ repairs running roughly $35k
On the 2nd one, seller is asking $139k(mort balance owed) w/ an ARV of $2...
I have been presented with my first deal from a trusted source to be a private investor. The primary investor plans to buy several houses in an up and coming market - Buy, Rehab, Rent, Repeat - buy more - etc for thre...
If I spend 50k on a rental, and I want to do absolutely nothing to earn profit, what is the bare minimum annual % return I should expect. I thought it was 10%. Opinions welcomed.
Is there a hard money equivalent to the traditional mortgage broker in Colorado e.g., an individual who has relationships with several lenders and shops deals around in order to get the best deal for his/her borrow...
Just started my journey into wholesaling with two other friends of mine. We’ve been at it for some months with little success (two properties under contract but no deal). Any one have advice on how to efficiently find...
I have 10 years left in my 15yr@3% mortgage. My home has $400k+ equity. My plan was to cash out 60k and move to a [email protected] loan. I will put the 60k into a mature whole life plan that is currently giving 6.5% on any m...
I'm learning away with all the great forum posts. 2 newbie questions:
1) I was listening to one of the podcasts and it was stated that apps like Zillow, etc. are not good for analyzing numbers and deals. Th...
I know this website is mostly about real estate investing but I am struggling as a new real estate agent. I got my real estate license almost a year ago struggled almost 8 months without making a sale and ended up tak...
Hi Everyone
This is my fiirst post, and I want to say I love this site! I've learned alot here.
I am interested in knowing which marketing method (out of the two) you prefer to use more and why. Do you receive more ...