I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
Hi,I came into contact with an Atlanta rehab/investor named Andy on BP in Feb or Mar of this year (2014). He had a house for sale in Altanta that needed some major rehab work (about $15k). The house was not in a great...
Alright so, other than my introduction, this is my first post here. I have been thinking about this idea for a while, but I need some perspective to un-noobize it.
Owning a Lambo is definitely one of my dreams in li...
I'm nearing the end of real estate school and will be taking my state exam in mid-July. I've been reading @Scott Trench's book, Set for Life, and I'm bought into the concepts. The problem I'm having is... figuring out...
"Bro, just got my first deal. Don't know what to do. LOL. Halp!"How many times a day are we seeing this post? Yes, everyone has to start somewhere, but the problem with the Bro Investor is that he is ruining good deal...
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...
That was really my biggest challange when getting started investing in real estate. i didn't read a lot of the post in the wholesale catagory, but i have not seen one taht address this. When i got started it seemed li...
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
I have been listening to all of the podcasts recently and reading and searching the forums alot. It's has been said that the market will crash soon for the past 3-4 years from what I have found. I am not a market foll...
After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided t...