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I bought 1st house because inspector said it was good structure, and it was not :(, but the project goes on. So at this point, if you have done renovations on 1930 homes (900 sqft). what advise would you give me?>
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Hi everyone. I've got a property I want to purchase from a seller using the 'Subject To' strategy. I understand the basics of how it all works, but wonder what do you generally tell the seller when they ask what will...
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Hello Friends,This is my first post. I am new to REO but made the first purchase through xome.comI was the highest bidder and bank has accepted my offer. The bank was Nationstar mortgage. Everything went fine so far I...
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What happens to short term rentals in a recession?Do people vacation less? Do they travel less? Are AirBnb's likely to remain empty if this recession hits? Would my cash flow severely decrease?Does anyone have experie...
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So I'm getting ready to make an offer on a REO. Listed at $65k. It needs about $10k in repairs, ARV is $100k. I am looking at a rehab/mortgage combo at around 5% and 20% down.
Will rent for $1000-$1100
P&I - $3...
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Hello everyone, my name is Eric and (SURPRISE!) I'm interested in learning more about real estate investing! I had the fortune or misfortune to get introduced to the Clayton Morris podcast while I waited over two hour...
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I have an applicant with a service animal that is interested in my property, which is a 4-unit building that doesn't allow pets. I understand that a service animal is not a pet, but I do not want the other tenants in ...
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I currently live in AZ and have been to Rocky Point a few times and can see the appeal down here for a vacation rental. Does anyone have any experience down there with what kind of ROI people get and what demand looks...
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Hey everyone, I'm very excited to start this journey in real estate investing. The 1st thing I know I have to do is get the funds. I'm shopping around for a Life Insurance policy to take out a loan against the policy ...
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So first time I made this post in another forum, a "pro contractor forum" lol, I was cut down, told I was stupid, and then banned for not being a "contractor" all in a couple hours. I laughed it off, after wondering h...