I live out of state and she has been managing my 3 investments for several years. Even when they are fully rented, I rarely show any positive cash flow, rather I just stay afloat after mortgages are paid! I feel like ...
Hello BP members! I wanted to share with you my latest RE project. This is our 3rd RE transaction since jumping into RE in December of last year. First deal was a buy and hold 4 plex, then a flip which we are listing ...
Flipping my first house and first time dealing with sub-contractors. The electrician that gave the best bid wants 50% up front. I balked at that and he said he can do 25% up front. He said he doesn't want to fund i...
I originally started writing about real estate because I wanted to hold myself accountable for my what I was doing, because I wanted to learn from my own mistakes and because I wanted to help others keep from making t...
Hello Guys
I am a new member to this forum and new to real estate too. I have a question about the flip projects.
Is that possible (or common) to sign a turnkey agreement with a contractor for the flip? So that they...
After reading the book of the millionaire real estate investor by Gary Keller, where it says to track your net worth frequently, I started few months ago to track my net worth and see it how it performs during time. I...
I've been listening to CNBC this morning and they have been releasing some of the plan to bailout homeowners.
It was just released an hour and half ago so the details are few and far between at this point but here ar...
I don't want to debate if the 50% rule in this thread. I want to talk about the assumptions and categories to see how a landlord can be a lowest cost producer/efficient entrepreneurs.
I know it varies from state t...
Hi BP!I currently have one rental property (primary residence turned rental) and this will be my true investment property purchase and wanted to make sure I'm on the right track.Anyway, my agent who is also a builder/...
Hello all, basically I am putting my primary home on the market after I recently got it appraised and I am looking at getting a large profit. I currently have lived in this home for about 14 months and I used a VA Loa...