Someone who I am close with wants to partner in real estate and is willing to private lend up to $200,000 at an interest rate of 10%. I have plenty of landlord experience in single family homes, but have not yet owned...
After selling rental properties to investors for 20 years, the common denominator why people hate rentals is because they don't like managing the rentals. I always tell investors to spend their time educating, improvi...
Please share your systems and tips for successfully running a low income investment strategy. Especially around rents, maintenance, evictions, tracking expenses etc.
I recently purchased a few low income properties ...
I need Help!!! Just a heads up long post. I had to move for work and was debating on renting my house out. In Jan 2019 I made an agreement with text message proof “not sure if that means anything “ with my cousin that...
Hello all,
I have been investigating notes available from MLS and other sources, but am a bit reluctant to purchase a note that is outside my state. My concern is working with the borrower should the note become non-...
I have been considering rolling my employer-sponsored 401K into a checkbook/self directed IRA for the purpose of providing hard money loans because I am DISGUSTED by the low ROR I get now. What advice do veteran lend...
@Bill Labrecque and I closed yesterday on a 2-family flip in Southington, Connecticut. As project progresses we will document the progress on this thread.Here are some of the key numbers:
Purchase Price: $87,500...
Here is a story of a real life issue I am currently working on. Not all landlord/investing things go right.Setting: New Britain, Connecticut. A small city full of rentals mainly made for manufacturing plant workers...
My husband and I have not been able to figure out the math on this and I hope that I can get some comments and suggestions from others. We lived in the SF Bay Area and own a townhouse as a rental. It had appreciated a...
Many Landlords have no idea how to get rid of a tenant, whether it's for non-payment of rent or for lease violations. This is even more obvious as the eviction moratorium stretches to almost a year now.Share your best...