Do you ever purchase a property subject to if the property has negative cash flow?Here's the scenario. Purchase price $650K, subject to existing $600K of financing at 3.625%, $25K down, $25K owner carry with principal...
Why would the price have not been negotiated up $2.00 to $754,500 or down $98.00 to $754,400, a round number? Do you know how much chaos and extra time and effort throughout the loan process correcting the sales pri...
Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
What would you say is better than wholesaling/flipping for new investors just getting started?
What special touches or amenities do you add when you renovate? I'm not talking about paint color or flooring until you do something special like an accent wall in red or cork floors. I have some upcoming projects, ...
Door count is the worst (commonly discussed) metric in the real estate investing community. Why does everyone use it? Can we all decide to collectively kill it? Or are there some of you out there that stand by door co...
I know how I feel about this but I would like to hear from other contractors and investors. As a contractor/investor I get asked often toShare my subs with my fellow investors. This is kinda a grey area for me because...
Hello All, Seeking some referrals for a few things. My partner/mentor and I are looking to start putting in a lot of low ball offers in on several listed properties in Will County, Illinois. Anyone know a realtor who...
What is y'alls favorite way of finding deals?Quick background: I have a few rentals at the moment - kind of used the brute force method and put 20-25% down on each of them and a couple of them turned into BRRRRs (left...
http://money.msn.com/how-to-invest/what-it-takes-to-get-really-rich-mirhaydari.aspx?GT1=33014
Can one still get rich? What is the new definition of rich? Best way? Is it more difficult than ever before?
What is the...