John Bernabel
Lost My Job! Any advice?
Well, its been an interesting few days. I lost my job Thursday. Id appreciate any advice. I figured Monday would be the best day since 9-5'ers are at their desk probably sneaking onto BP or full time investors are con...
Jack B.
Question for other accredited investors: what are you doing now?
I bought most of my rentals at the bottom of the market or near bottom, other than 2 of them that I had to buy 1.5 years ago due to 1031 exchange that I needed to do for a long list of reasons.I have capital to deploy...
Robert Burns
Is Wholesaling Lease Options Still Viable REI Niche?
I recently considered shifting some of my REI business back to wholesaling lease options which I did successfully for several years. The last 2 years I focused on regular wholesaling "flipping contracts" but I though...
Rick Pozos
Are NEW Real Estate Investors LAZY???
Why is it that almost all new investors want to know the best way to find deals, the best way to find private lenders, the best way to find wholesalers, the best way to do everything and make 300k+ per year without do...
Account Closed
What's your RE strategy after the robots take over?
I just listened to a TED talk that outlined the inevitability of artificial intelligence taking over the world. 80% of current jobs are service-based, and robots will very soon be able to replace all of them. We can't...
Dan Richter
Is a 30 year loan really the best loan for a rental property?
It seems that the general consensus for a rental property loan would be a 30 year loan, and I used to agree. The idea is that you can use the cash flow to pay the loan if you want to, or use it for a higher returning ...
Antonio Palumbo
Cash flow negative but making a profit. I think?
This is my first post so please be bear with me: I own a co-op in NY and have been renting it out. The numbers: Mortgage – $1580 Maintenance - $1,462 Sublet Fee - $281 – so it costs me $3325 a month to keep the apartm...
Lloyd Segal
Economic Update (Monday, November 9, 2020)
Economic Update
(Monday, November 9, 2020)
The election is finally over. Now we can return to ...
Ivy Pierce
Question for experienced flippers
Hello,I am looking to do my first flip. I have been analyzing deals on the south side of Chicago and the south suburbs. I have a pre-approval for a hard money loan. Each of the homes I have tried to bid on had 20+ bid...
Chris V.
Straight Outta Stockton - Anatomy of another Stockton “Deal”
Straight Outta Stockton - Anatomy of another Stockton “Deal”In a previous post I made some bold general statements regarding how hard it is to find an even halfway decent deal on the MLS in Stockton, CA. As a sort of ...