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The book i am reading said that if you take into account a 5% appreciation rate of property, you can potentially become a millionaire by buying 1 100k house a year with 10k down payment for 10 years.
my math is awf...
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In your personal / professional experience, what value is added to a single family residence where the furnace & A/C unit is completely replaced. For example, if a mid 90's home is listed for sale with original fu...
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I am renovating a spare bathroom and I am trying to decide if installing tile in the tub area will be worth the extra costs. Based on the estimate I’ve received for the work installing one of those prefabricated liner...
Hello,I'd like ask for your advice on whether a deal is worth pursuing. Here are the details:FSBO Triplex in a nice neighborhood in Center City Philadelphia. Selling price is a little over $500k. Gross income = 46k/y...
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My Minnesota real estate license is currently on ice and I'm considering bringing it active again. Does anyone have a recommendation of a broker with low fees for someone that doesn't plan to represent anyone else an...
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Hello everyone, I have seen Sensei Gilliland of Black Belt Investors speak several times, and spoken to him personally. I like his style and what he has to offer. Also, I am in a startup phase, where I have very few...
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I would like to hear your thoughts, experiences, and stories!So here is what I want: buy 1 rental property in 2015.And here is the strategy: direct mail to single-family homes near my own home. I want to come across a...
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I've been investing in real estate for 15-20 years. I used the infamous BRRRR method to purchase beat-up single-family homes and turn them into rental properties. With my background as a mortgage broker, I was able ...
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We're looking at out first MFH, a 4-unit residential property that is currently quite under-rented and are having a tough time figuring out what the property is worth. So far we've been dealing in SFH that carry aroun...
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I found an owner who wants to do a short sale but I don't even know if these numbers will work and what kind of deal to expect from the bank.
The loan is was originated by Countrywide just before the crash of 06-07 ...