The new law the SC Governor just signed makes wholesaling illegal.It has 3 parts.1. It defines wholesaling2. It says you must have a license to wholesale.3. It says a licensed realtor can't wholesale.No attorney is go...
Hello everyone,As a prospective investor in short-term rental, I would like to get some feedback regarding the upcoming demand for short-term rental. Considering the current economic climate, where layoffs are happeni...
I’ve been doing a lot of research lately and I wanted to share with you guys what I have found about the correlation between unemployment, delinquencies and housing prices. During the 2008 housing crisis the housing ...
All,I often see on here landlords that charge around $1,300 for rent but I personally don't know anyone who pays such high rent. If you have $1,300 rent why not buy? I know people usually say that they don't want to s...
Hi there,Asking such a big question: I'm trying to get my first deal done, and still trying to narrow down which city/area I should be looking at.I'm a first time investor, I live in San Jose, CA, but I'm inclined to ...
Okay, so this one is a little out there even for me!What on earth could I possibly be talking about? $3,900 for a real house, not a Barbie doll house right? Where am I -- Detroit??? (See what I did there Josh, you ...
Do most properties you buy cash flow positive? What percentage of properties that you purchase will cash flow positive when rented out? 95%, 90%, 80% or less? What is the risk of buying a property that does not cash f...
Hello,
I plan on investing in Detroit some time in the near future. Personally, I think this will be one of the biggest investments in real estate once Detroit figures everything out. I am looking for advise from oth...
Looks like Cozy is transitioning to Apartments.com https://cozy.co/future-of-cozy/
Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow. This post is for you:I always dread the first few hot days of summer....