So brief background. I started investing in the USA around 08. Ended up in Memphis and with the help of a great mentor really got going in that city. It quickly became obvious that many parts of Memphis were terrib...
Would you agree or disagree?
Like many other real estate investor, I seek to buy and hold real estate, and enjoy the cash flow and any possible appreciation. However, since my target properties are lower end properties that often requires rehab...
There are so many people and companies out there who claim to be wholesalers and many more newbies who claim to want to start out in wholesaling as a means to get started in the biz.
Let me tell you about a recent ex...
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
Listening to people beat up on the young folks for having their student loans paid off. Look at this people born between 81 and 96 are getting poorer while the rest of us are getting richer. What this is really sayi...
In March 2015, we worked through Maverick Investor Group to purchase a property in Birmingham, Alabama. The Seller was Birmingham Income Properties - owned by Brad Lewis and Bryan Conwill. Property Management would ...
Im sure many of us have read all the warnings and reviews of buying low price properties, and the problems typically associated with them, but all that considered, it is what first attracts a lot of people , indeed th...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
This question is one I pose to anyone who has an opinion on the topic. Obviously we're all here because we like something about the idea of REI and passive income. As the process goes, we find a "good deal" in some ar...