I made an offer this weekend on a property that was priced too high to make a profit. Listed for 320k, with rental comps around $2500/mo, which would cashflow negatively ~$500/mo, no thanks! ARV was 400k on this and i...
So today while flipping channels, I came across a infomercial for Than Merrill. I guess he is in Chicago, so I watched it for a few minutes. He talked a lot about some "secrets" to RE success.
I have never ta...
Anybody know anything about David Alexander's
Sub 3 program??
Something that I've noticed, that really frustrated me, are the snake oil salesman in real estate investing. If i can help anyone avoid being lied to by fake individuals I will. I am an investor in the Indiana area, b...
Hi BP, when I open any forum or social media the hot topic is upcoming housing market crash. But I don't understand what does "CRASH" means in real state. Is it like stock that will go down 30-50%? Looking at the hist...
People love "life hacks." A life hack is a simple strategy/process/tool/trick for improving your life in an unconventional way. For example: So... I am writing a post about "Landord Hacks" - it's the little things tha...
Hi! I would appreciate suggestions about forming LLCs. I plan on doing most buy and hold investing. I will buy single family homes and rent them out.Should I form one big LLC for everything? Or should I form one LLC p...
Hi everyone!I'm a new real estate investor based in New York City. I'm interested in out of state rental properties, preferably multi-unit (duplex, triplex) for buy and hold around the 80K-100K purchase price. I would...
With stock investing I can spend a few minutes a month looking at stock prices and entering a buy or sell order in my brokerage account and earn 8% annually on average. To earn the same return with real estate, I woul...
What are some headaches that a landlord could run into when renting to tenants in a C- and D class neighborhood? Also, what are some solutions for those headaches?