Maria Dantas
Turnkey Nightmare with Morris Invest - Indianapolis
Hi there fellow investors!We've done our first turnkey purchase with Morris Invest in Indianapolis about 6 month ago. A house in a C neighborhood near downtown, for about 50k. For this price the house was supposed to...
Demetrius Bradley
Why should anyone use a Realtor
Sorry if this is the wrong place to question this, but why should any buyer or seller use a realtor? I have been having this argument over the last 2 years because in my opinion (base on real facts) Realtors are the t...
Kim Durst
General: Do you rent or own the home you currently live in?
Curious question. Wondering what the thoughts are out there about investors who are also renters. Anyone? We're looking at going back to renting yet, wish to continue on our investing ventures.
Shan Vincent
Has anyone used WealthAbility?
Hi Everyone, I wanted to see if anyone has used WealthAbility by Tom Wheelwright. The amount they charge to analyze your information and give you a plan is pretty steep, so I wanted to see if anyone has used them an...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Michael Seutin
how many of you hold your rental properties in your name?
After holding a few properties in my name, I decided to start an LLC for asset protection as it is recommended everywhere, so my latest property is held in that LLC.
I find it so unconvenient to have an LLC, insurers ...
Eric Don
Laid off, 400k in accessible cash, chasing any opportunity. Help me escape the matrix
Recently laid off, want to use saved up cash for good use. Seems like every asset in the US is unstable dont know where to put cash want to use real estate as business to grow wealth I have all the time, and I have th...
Patrick Henderson
Should you spend money on the so called Guru's.
Just to be up front. I personally have spent 40 to $50,000 on training and about ten percent was of no use, That being said, my first seminar cost me just under $500 and within two weeks I had my first deal. I used...
Marcus Auerbach
What they don't tell you about cheap rental properties
It all sounds so perfect: you can buy a house for cheap, have someone else fix it up for you and then rent it out for great cash flow. You run the numbers (on a BP calculator, they are really good BTW), you read the f...