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If you are just starting out I suggest you don't fall into the cash flow trap. What is the cash flow trap? It starts with a picture of a guy with abs on a beach sipping a light beer next to a beautiful woman. Then a...
I found this to be helpful in the beginning, hopefully you will aswell ...
acceleration clauseA clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. T...
Hello Everyone,This is going to be a little lengthy....I'm a new landlord, and these are my first tenants. They live in an apartment above my garage. The lower half is not insulated, and the HVAC system is old but fun...
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Hi BP, I have not posted in a while and I wanted to tell everyone about my first 12 month wholesaling in Charlotte NC. I will tell you it was not easy. There were highs and lows. I did receive a 30k assignment fee an...
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I have bid & won more HUD homes for my investors than I can count, and I use a strategy that I have been hoarding all to myself for several years. A few of you may already have an inside track and are familiar wit...
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Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...
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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...
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Do you guys ever make offers on properties and the real estate agent tells you you're being ridiculous with your offer and that he isn't up for telling the home owner your offer because its too low? Here's a quick run...
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I do not have receipts for amount paid to contractors for fixing things. Just Zelle Transactions. Is that enough?
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So I'm in the learning phase of REI and want to start taking some action. I know I want to have buy and hold multi-unit properties but been a little confused what I should start with since I haven't had any experience...