My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...

Very early this morning I got up to spend a little time at the range. I hadn't been in a while and last week they sent an email with all the new toys they recently received.

So, I wanted to check them out and fire a...

Just got burned on a flip. Did a cash out refi on my property to pay back some hard money that is due and banked on an appraisal without researching the market value. Appraisal fell short. Profit will still be made wh...

Hey everyone, As I prepare to start a local REIA, I'm curious as to what is your favorite part about the REIAs you attend? What do you like? What do you dislike? What do you think those meetings should be doing that t...

I'm currently renting out 2 SFR houses by the room in an area that attracts young professionals and am loving the high cash flow.  Im a little disorganized,  and with having a full time job I am starting to get overwh...

Hi and nice to meet everyone! I have been interested in real estate all my life. My mom liked to move a lot so I would always accompany her house hunting. We also used to wander around new build sites and envision flo...

Hi all,In August i purchased my first home, and since then I've caught fire on the REI subject line. Never really thought about it before but now I'm hooked. So this house i just bought is now a live-in rehab and I'm ...

Hello,
I am closing on my first deal a quadplex in about a week. I am very excited. However, if found out that . Units will be vacant. They are eviction both this week. One unit was expected to be vacant, I am  using...

I'm going to my first tax auction in Virginia in about 3 weeks and know nothing about tax sales. What due diligence should I do before I go? If I buy a property what should I expect afterwards? Any information would b...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $205,000

Cash invested: $60,000

I bought this house in early 2017 as an owner occupied house. I was 26, moving back...