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Flipping my first house and first time dealing with sub-contractors. The electrician that gave the best bid wants 50% up front. I balked at that and he said he can do 25% up front. He said he doesn't want to fund i...
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Most of us on these forums strongly consider multi-family to be a solid investment, but not everyone fully understands why. On the other hand, many people have fears over a stagnating economy... We can only go this ha...
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I asked a realtor to present my offer to the seller on a short sale property he has listed, but he refused he said he won’t submit an offer for less than the asking price. The property has been listed for almost a y...
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I recently started my REI venture in the Detroit area 1 year ago and I have been trying to figure out a good strategy for how to continue scaling while covering costs per property. The issue I'm running into is with t...
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Alright, I apologize if this becomes controversial, or offends anyone.As an investor and agent, I am seeing a lot of speculation in the market. It seems to me, that stock market speculators, are looking to unload thei...
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Hey all,There have been a few articles on CNBC talking about new home sales plunged 25% in recent months (YoY) and also today there is an article talking about existing home sales also seem to trend down comparing to...
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I have been reading “Rich Dad Poor Dad” for the first time and I have to say...mind blown. I always saw my dad as very financially responsible, coming from a very poor upbringing and making a comfortable life for our ...
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Hey everyone- I ran across an article today and shared with my clients and fellow investors. Thought I'd post on here as well. Cleveland City Council has passed a series of new regulations targeting landlords who allo...
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I'm having essentially zero luck the past few months finding decent rehab deals at numbers that make sense. Probably averaging twenty cash offers per week and batting a cool 0.00% so far. 250 offers without a single...
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I just completed a "Four square rental property analysis" for a fourplex in my area, and according to my calculations it has a negative cash flow. Am I missing something, or is this property just that "bad" of a deal?...