I have looked at 50-100 deals in my area of West Los Angeles. It is difficult to find properties that are cash flow positive after expenses and debt service. Basically, the deals do not look very attractive. I am curi...
It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
Hello Everyone! I am just getting into contract in the next few days with a 47 unit multi-family property. The numbers are great, the occupancy is high and the property is well maintained! My questions is this....
...
As the title says, I went bankrupt trying to enter wholesaling. Full disclosure - Part of it was deteriorating mental health and desperation. I was manic and reckless.Another part of it was unrealistic expectations ...
Hey Everyone, I figured I would document my first turn key purchase in Kansas City, MO. I read another members similar blog and found it very helpful. I won't be naming company names unless through private message for...
I own a rental property and the house has numerous mice. Professionals came out and said the house needs to be sealed for a total cost of $1,800. My wife went into the hospital and I cannot afford to spend $1,800. All...
I don’t expect to change anyone’s mind about Crypto, specifically Bitcoin, nor do I expect this post to be popular or liked by 95% of BP users
I really like the money podcast and I’m listening back and am starting to...
Hi Folks,
I've been an avid listener of the podcast and looking to getting into investment properties this year. As someone who is new to investment, I had a couple of questions to the community:- Which location do I...
Any thoughts!! Is this new??
http://www.freddiemac.com/singlefamily/news/2010/0412_payoff_fraud.html?attr=EMC-SFNCAEFTSPF
Its amazing that the morning of January 1st I knew nothing about real estate investing. Now after purchasing six deals with a seventh under contract I realize I have just scratched the surface and have much more to le...