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I just ran into some unfortunate times in my investing career. I recently attempted a rehab and flip project and had to sell it for a loss before completion due to the two family home that I live in as well the tenant...
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Anyone, and I really mean anyone that is doing any form of construction/rehab, a word of warning: Always buy whatever materials (lumber, cabinets, flooring, sheetrock, plumbing, tile, sprinkler system, lighting, etc.,...
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We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
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Hey guys!Just wanted to start a case study based on my experience with Spartan Invest out in Birmingham AL. After some experience with purchasing my primary residence with a detached guest house (first cash-flowing de...
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Hello all, I have two rental properties in Wichita, KS; both are single family homes that should cash flow around $250 per month but the repairs and fixes that I have had to do over the past six months (and especially...
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We're in a financial meltdown,imo and we keep hearing about that rotten Bush and the spending on Iraq war.
When will current pres start taking some responsibility for his part in our mess? According to the CBO, h...
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On this forum ive noticed a good chunk of people have w2 income who are investing for the first time or becoming seasoned investors almost ready to give up their w2 job.It seems like it is easier to get started in the...
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Ok, so I have a house I owned before we got married which was inherited from my grandparents, the house I grew up in. I still have my Homestead on it. We were married last year & he didn't want to stay there. I ha...
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Hello BP, Recently I've noticed my motivation to do things is declining, and after a serious self-evaluation, I've come to realize that a lot of my lack of motivation has to do with my fitness and eating habits. Does ...
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I've seen so many forum posts advising NOT to give any money to contractors upfront - because so many people have been ripped off by contractors. I've seen many responses from contractors, saying they've got to buy ma...