If you missed my other post. I am new and will probably have a few questions while I am studying and analyzing deals the next few days. One question I have right now is whats the down side to buying mobile homes for b...
This post is NOT for the wholesalers that are smart, know what they are doing and successfully bring both happy buyers and sellers together. I know some of those guys and this post is not for you.This post IS for all...
Hi everyone!
Just wanted some opinions on my current situation. I have a multi -unit home just outside of Boston ( SUPER TENANT FRIENDLY STATE). I live pretty close to the home and thought hey, I can handle this hous...
I have been reading a lot of books on rental property investments and have heard varying opinions on what qualifies as a "good" rental property investment based on monthly cash flow. I've read anywhere from $80 to $60...
Situation: My Tenant Stopped Paying and has violated my “ rent to own “ agreement. He is 20 days late, total violation, contract is now void. I have to evict as he said “ I do not have any funds to pay that rent “ - I...
I have a solid job, and I make decent money, and I also have a credit score somewhere above 800. I also know plenty of accredited investors.This morning, I hop up out my bed, turn my swag on and decided I want to buy ...
The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
Well,You guys all likely made your resolutions for this new 2015 year. Not to dump a bucket of ice-cold water on you, but just to remind you newbies out there - it's a lot easier to get in than to stay in this game.T...
For Renee and I, it's all about the numbers. We truly believe that the goal of investing is to get the most return on our investment dollar. A 100k duplex that rents for $700/unit is simply not as profitable as a 3...
Here's my challenge for this week to all new (and experienced) investors:
GO MAKE AN OFFER!
Taking action is the single biggest thing anyone can do to make progress on their goals. So, for all you n...