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I have a vague understanding of the concept of wholesaling properties - i.e. the wholesaler finds a distressed property and/or motivated seller, puts it under contract with the right to assign, and then finds a buyer ...
I have owned a 9 unit all studio apartment complex in Mt. Vernon, WA for about 2 1/2 years. I have done rent increases the last two years of 5%, haven't lost anyone and cash flow has been great, but with the demand g...
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I've been doing everything I can over the last two years of my life to prepare me to buy my first property this year in 2018. From the day I turned 18 I began creating credit for myself to make this happen. My short t...
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Ok, so I've been analyzing potential deals for 2 months (maybe 40-50 total) or so and am getting an itchy trigger finger for my first deal. This popped up on our local REIA site and is bring sold by a large buyer/hol...
Apologies for the incessant questions but I have another with respect to the deal I'm involved in (fitness center here in California).The property in question isn't set to be completed until April of next year but the...
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Theoretically let’s say someone or some entity is interested in an 18 unit for 500k. Three questions…They have a decent credit score, about 40k cash in the bank but not the 25% (125k) for a down payment. However, they...
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Hey there everyone! I'm a newbie to real estate investing and I have been stuck in analysis paralysis. I've been trying to gain as much knowledge as I can before pulling the trigger on a property. I live in CA and I'm...
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I'm looking at a commercial building that houses a restaurant and 2 apartments upstairs.Owner is asking 69,000 but assessed tax value is only 11,000. This isn't making much sense to me. Shouldn't the tax value be at l...
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After several years of educating myself on long-distance real estate investing and saving capital, I’m happy to announce that I finally pulled the trigger and I’m currently in the process of closing on my first invest...
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Hello Team! I'm a newbie RE investor from Concord, CA looking to connect with more like minded people for accountability and motivation. I have been making steady progress towards purchasing my first investment proper...