I was out looking at homes today and found a for sale by owner that looked like crap on the outside. After talking with the home owners daughter, she said they were looking to sell the home for $6,000. After talking w...
I've noticed that a lot of people on the site come on and ask about how they can get started investing with a poor credit score and if that score even matters in real estate.I'd argue that it does. I think it makes o...
When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...
People love "life hacks." A life hack is a simple strategy/process/tool/trick for improving your life in an unconventional way. For example: So... I am writing a post about "Landord Hacks" - it's the little things tha...
Just listed my house for rent Saturday. Got a 3rd call today from an out of state tenant who now says she wants to rent my house, sight unseen, and offered to pay a years worth of rent upfront with a $100/mo (6%) dis...
BL: Purchased HUD property Dec 2013 for $32k, rehab costs and expenses were$34k. thats 66k cash of my own money in the deal. The good thing is that I dont have any holding costs other than utilities and property taxes...
Okay I am doing research on getting my first deal. I want to set up auto notifications with some real estate agents. Tell me if this is wrong.Hello Realtor X, Please notify me of all XX-plexes that come into the marke...
I personally try to alternate between real estate/business books and then something more "entertaining" like a fictional novel or biography. I'm down to my last few books on the shelf and am looking for fresh ideas fo...
I was the highest (not winning) bidder on an online auction. Homesearch.com called the next day and said that my bid was "waay off the reserve price", so it must be forwarded to the bank for review. The representat...
I recently came across a small duplex that is FSBO in a ghetto. I've heard about the strong cash flow properties in low income areas can produce but I'm also aware of the downfalls of investing in not so favorable are...