Collin Hays
Two fallacies to avoid right now: Sunk Cost Fallacy and Recency Fallacy
I hear from a fair number of folks that are ensnared by one of these two fallacies right now.The first one is the "sunk cost" fallacy. The sunk cost fallacy occurs when we feel that we have invested too much to quit....
Carlo D.
What would happen and possible consequences if I just pulled the trigger?
I previously posted questions on this channel about lending money on the paperstac platform. Decided getting the licenses to be a lender in different states wasn't worth it. However, my question is, what would/could h...
JD Peters
Soliciting Advice and 2 Cents
Okay here's the scenario, faced with two courses of action. I live in Southern California, where obviously it's expensive to live. Perhaps homes are overvalued by 5-7%. However I have considered purchasing a multi-fam...
David Gonzalez
New to real estate and looking for guidance
Hi everyone!
I am new to real estate
investment, but currently have two properties that I would like to turn into
assets and start growing my portfolio. I am seeking feedback on what someone
more experienced would...
Kelsey G.
Inspection Contingency on Multifamily
We have accepted an offer on a 4 family house and in our Offer to Purchase Contingency Addendum we had the inspection contingency set the limit of defects at $1,000. The seller responded that we should increase this t...
Harry Gamble
Pensacola FL and Baldwin Co AL
I've been buying and renting (some flips) single family houses in the Birmingham, AL area for 7 years, and things have gone well. I would like to move (and "move" this business) to either Pensacola FL and/or neighbori...
Account Closed
Property Management startup req’s TX
Hello, I have been thinking about starting a property management business that would manage SFH and MFH. I understand that in Texas I would have to get my RE license. How would I find a broker to work under though? I’...
John Williams
How high should my deductible be?
I have options of deductibles between $500 and $3000. The $3000 seems high but the premium is pretty dang low. My question is, if I go with the $3000 deductible what kinds of expenses should I expect to pay out of poc...
Wala Habiby
Roth ira, 401k vs Real Estate
Good evening,
I have been dealing with Real Estate for over 10 years and personally investing for over 5 years. I have grew my portfolio tremendously in the past few years with a $1,000,000 in equity BUT I have been...
Richard Sanford
usage of other peoples money and not yours
i have been hear different strategies on how to use others peoples money in real estate, how can this be applied doing wholesale with reo/foreclosures?