My wife and I are looking to do our first flip and we were just wondering if right now was a good time or not to do this. It seems like home sales have slowed a good amount, but we weren’t sure if that’s effect us too...
I had a well though thought strategic default (under legal guidance) in 2010 on a residential RE property. Back then, the lawyer told me it would hurt me for only 3-5 years max. Well that is not the case at all, and...
Getting close on our first deal! It's a REO SF brick selling for 69,000. Total rehab 889Sqft. 2bd 1bth. Lot size 4,700sqft. 2 car garage. ARV 130,000. Any advice? asking price?
Thoughts on renting mobile homes? I plan on buying cheap vacant land from 20k-50k. Average mortgage - $150 and then buying a mobile home, guessing around 20k-40k and then renting that out for anywhere from $800-$1200...
We are looking at a 10 unit building in a class A, very upscale area near a growing city. The place has a lot of work to be done (roof, parking lot pave, updating, etc).After fixing it up we are debating what a reason...
My wife and I live in Los Angeles and are thinking about buying a property to flip. We are looking in the San Fernando Valley and home purchase price of about 500-600k. What would be an ideal ROR on a pretty straight ...
Is it possible to get wholesale building materials without buying in bulk?
Hello
I am new to REI and I am trying to learn how to find the best deal in the market. This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, l...
I’m about to buy my first rental home on Long Island. By my math it will cash flow each month about $400-$500 before CapEx and Vacancy contributions. Obviously the margins are thin but I want to move forward so I can ...
Question 1:Is anyone hitting the 70% rule in the DFW market or any other similarly hot markets? If not what have you resolved/accepted to be your new acceptable margins? How are they working out?Question 2:Here is my...