Let me take a deep breath before telling my story...I bought a bank-owned two-family on auction for 460K, 100K-120K below the market price. Before the auction, I knew the property was occupied but I didn't know the id...
American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commissi...
Are you prepared to do what it takes to SURVIVE this business?Are you REALLY prepared to make those tough calls?Can you push emotion to the side for the betterment of your business?Are you willing to do EVERYTHING in ...
In talking to people and reading various posts online, I see a lot of confusion and varying opinions on ROI vs. ROE vs. IRR vs. Cash on Cash. For example, some people think that in the first year when you purchase t...
Hello All, This is my first discussion. I would like to reach out to investors/Realtors all over to see what they are experiencing in your market and your thoughts on where the market is heading. I have a fascination ...
I apologize if this is a newbie question and for the provocative title :) In David’s book Long-Distance Real Estate Investing, he says its beneficial to find an agent who is also an investor in the area. I understand ...
I've flipped two properties this year, with the most recent one sold in mid-September. I was excited to line up my next deal, but after speaking to my agent I learned that the market has hit a strange slowdown throug...
I've done a few BRRR investments and my strategy is to buy at 75% of the AVR including closing costs and repairs. I'm looking at a deal where the seller is motivated due to a 1031 exchange. I told my agent I wanted to...
As a newbie with limited capital from which to begin investing, and a Dave Ramsey fan, I'm struggling with how to justify REI knowing he teaches to do everything with cash, including REI. In fact, it would seem that a...
First, I'm a newbie and lately I've been stalled due to the ongoing conversation/discussion on whether or not wholesaling is legal. There have been a plethora of opinions and heated discussions surrounding this topic...