Brandon Penn
HIT MY GOAL OF 100 UNITS!!
I just hit one of my major life goals of owning over 100 units! I just closed a 70 unit deal which puts me at 118 units total. The reason I post this in the starting out section, is it is important for anyone just get...
Jeffrey Lester
What exactly makes REI risky?
Hello, everyone! I have been reading like a mad man, and I feel like I have a pretty solid understanding of financing, renting, selling, controlling the properties you buy and a variety of other techniques and investm...
PJ Kolnik
All my Cashflow to Repairs & Maintenance this year!
I knew that there would be good years and bad years and maybe a bit of something in between. I own a 3 unit in Chicago and cashflow about 350/month/unit after PITI. I figured that would keep me pretty well set.
When ...
Hector Serna
Just canceled my 3rd deal… time to start over
Hey guys,So I recently got out of my 3rd deal in Cicero, IL (Chicago Land Area). I’ve gone through the process 3 times (Offer accepted, appraisal, inspection) and for some reason something always needs to come up. So ...
Art Maydan
How To Advertise Month to Month Lease
So I'm convinced that MTM leases are superior for the landlord, but how do you go about advertising these? People still seem to be most comfortable with 1-year leases. Would you say, "Month to Month with possibility o...
Bill Mitchell
How fast can you setup an LLC?
I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.
Typically how long doe...
Corbett Brasington
What's the point of a Realtor with off market deals I find...?
So If I am finding off market deals (driving for dollars), qualifying and closing the leads of which I would buy them and rehab them....what is the role of my realtor? Just contract negotiation?
Levi Gale
Who does not use the 50% rule?
Hello,
Who here does not follow the 50% rule when analyzing/purchasing a property for long term hold? There are a few reasons I can see someone not using it i.e. they are relying on appreciation (not my cup of tea), ...
Kris Benson
Why Isn't Anyone Talking About Self Storage??
Just a quick disclaimer. This is a really long post. Also I am also now employed by a self storage operator so my opinion is probably is not objective.I was a professional sale person who "retired" on 3/31/2018 to l...
Rick Via
Phil Grove Real Estate Guru
I'm at a seminar in Dallas . The guru is Phil Grove. The sales pitch is now happening. Does anybody know if this is worthwhile? A ripoff?