Account Closed
Please 'splain it to me like I'm 12 years old.
I do not wish to criticize, but I have found the Norris Group's postings (here and elsewhere on the Internet) to be long on theory and short on detail. It was claimed at another board that lenders exist for end buyer...
Joshua D.
Contractors looking at it like there making me rich
So i feel and have heard comments about me getting rich while the contractors or employees do work for me which i feel isnt there business. They dont understand it and it makes me angry and mad but do feel exactly whe...
Michael Pilarski
Just starting out... how do you handle spouses fears?
Hi Everyone,
I've been interested in real estate investing for a while now. It's taken a long time to get my credit straight and debts paid down. I'm still working on build cash reserves for down payments etc. (ver...
David Bowles
New purchase, current tenant is not current on rent
Hi Guys! I recently had a seller (another investor) agree to a 45k purchase price (cash) on a house with ARV of 60k. The house had a full gut rehab 4 years ago when this investor bought it. The current tenant is “all ...
Craig Hormes
Section 8 Housing: Great Idea or dangerous in the current market?
I'm operating in the Tampa Bay area of Florida, and I'm considering purchasing property for section 8 rental. I did a forum search, and some of the Section 8 questions were a few years old, so I would refresh it. In o...
Jason Schmidt
can someone please explain this 50% rule to me?
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
Brice Hall
A lot of people are being misled
What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...
Christina Tkacs
Can you truly get ahead by buying turn-key homes
I want to write the title in quotes because it's not like I had much of a strategy to start with. I bought a duplex and a turn-key SFH at a normal price for houses in the area. Both were conventional loans with 25% ...
Ben Leybovich
Don't Buy $30,000 pigs in Ohio (or Mid-West)
It's not talking this time, though, if you've been paying attention, you know that I've been preaching this message for years... Here's an email from this morning names and locations edited out):Hey Ben - Really enjo...
Jessica Soares
Challenge: $30k a month in rental profit in 5 years?
Challenge: How would you achieve a goal to make $30k a month in rental profit in 5 years?
Newbie here. I've set a goal for myself to make $30k a month in rental profit in 5 years (shoot for the moon goal fo...