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Hey guys, I would love to hear some opinions on my personal finances. I'm a 23 year old fireman in Texas. I make a decent salary and my wife is able to stay home with our two kids. We are able to live confortably beca...
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Is there ONE person out there who has only purchased properties for around $30k, rents them for $700 or less a month and has been successful long term and can prove it with the numbers?
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A tenant owes partial rent and late fees from prior month. Rent is due Oct 10th, last night she informed me she is breaking the lease and asked if she could ride out the month of Oct, promising to be out by Nov 1, and...
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Let's say you have 5 properties that - due to economic and job market conditions in the area - only command enough rent to barely cover mortgages, insurance, and taxes. Nothing left over at all for maintenance, repa...
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I have my sights set on a Hubzu listed property. They started the bid at 208k and with no other bidders, I bid to 210k at the last minute. The reserve had not been met, and they Emailed the following day with a coun...
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One of our Bloggers, Justin Pierce, wrote a fantastic article that took an in depth look at all of the costs associated with a house flip.
This is a MUST read for any newbie rehabber/flipper:
Rehabbers! Know ALL t...
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It's best to have both knoledge and money. But, if you had to have one or the other, you would chose knowledge - of course. In this spirit:
What is the best deal that you've put together requiring $10,000 of YOUR c...
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Greetings Everyone,My name is Darin, and I am shaking my head these days. I have been studying, reading, scanning and contemplating this path for the past several years, and always said, I should try and turn several...