I am looking at a rental in my area for $125,000. It has four units currently being rented out and a 5th unit that is storefront and vacant. It has a current annual rental income of $33,000 and $2,750 per month. The n...

Hello everyone.  I just spoke to a lender and long story short, he said I would need to bring about 20k of my money to the deal (on a minimum loan of 60k).  He hinted that this was common with most hard money loans.  ...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $110,000

Cash invested: $28,299

Sale price: $245,000

Welcome home!!! Your new home is fully renovated, all syst...

Hello,I am David Virga, I live in Saint Clair Shores, MI (which is about 20-30 minutes north of Detroit), and I work for a tier-1 interior automotive component supplier as a Regional Launch Manager.Aside from buying m...

Hi fellow investors, I am in the knowledge-gathering zone and when it comes to the topic of how to pay to the contractors, I have read people saying that they only pay for the material cost upfront. But when exactly i...

Hi everyone, I've been driving around the Richmond area trying to learn the in's and out's of each neighborhood since I'm new to the area. As I do so, I figure it's a good way to look for potential properties in an ef...

Hello,I'm new to the forum and this is my first post. I live in the STL area and I am selling a quad plex where I previously lived in one unit. Details are below, but my question is could anyone recommend a CPA to hel...

Hi, My wife and I are planning on buying our first investment property this year.  We would like to buy 1 this year and 2 next year if we can.  Our plan is to BRRRR the property but cash is going to be the one element...

Got a lump sum OR monthly annuity option at retirement....to me a no brainer! Rather use the power of the lump to sustain a income stream that is giftable to my children. BUT, the stock market is a scary ride even wit...

So I've been studying Real Estate Investing for about a year strong now and I've learned a lot. Currently, I'm spending the bulk of my time improving my financial picture. At this point, with no intentions to suffer f...