I have yet to purchase any rental property. I have made my money overseas from savings. I do like owning some stocks, but I now want to diversify into real estate. I have $500,000 in cash. I do not want to rush in...
Hi All,My 61-year old father recently signed a lease with a 40-year-old Russian woman who had recently moved to America on a tourist visa and started working illegally ((he did not find this out at the time). She move...
Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
I had a potential tenant contact me and ask if I accept felons. I have read that it's illegal (discrimination) to flat out say "no felons" so I asked what the crime was. He said "sex offender, 16 years ago when I wa...
So, i am wanting to do some real estate investing- but currently I have been renting my own residence for the last 5 years. I am paying way more in rent than it would cost me to make payments on a similar home. In f...
I signed up with a company to submit performing notes. I did submit a note but the seller did not accept the offer. I have since stated going on line and finding other places to submit. Is this the best way to go ab...
I've been an agent for about a year and a half. An investor contacted me through a business card I left at one of his house flips. I'm a little skeptical as I mentioned that I'm a fairly new agent and have no investin...
Could you please give some inputs on the pros and cons of two types of investment opportunities and which one is a better choice overall?: 1.Invest in other investment companies’ projects, you got 18%-26% return on th...
I keep reading people here saying "Your rental properties are a business" as a precursor to some inflexible dogma about sticking to the letter of agreements and pursuance of remedies for breaches. Let me point out ...
Hi everyone,So a little background: I'm 10 days away from selling my first real estate flip and looking at about a 150 -200k profit. The short version is I purchased a Single family ranch at auction using 100% hard ...