So I'm trying to start my real estate portfolio with house hacking, refinancing, and cash out pays for the next down payment. My credit is 711, and my debt is low, BUT I only make 23k a year. Ew.So I go to banks toda...
My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...
Hello all!
I have been researching a lot about syndications / investment clubs lately and was getting ready to start investing away, but I have found a couple of posts that mentioned that it might not be the best tim...
Hi everyone, I live in California and have been meeting a lot of investors who prefer to invest out of state due to California being so expensive as well as the aggressive tenant protection laws we have here. I have h...
Hi,
I just completed a deal (duplex) and I inherited a tenant who does not have a bank account. He pays cash to the previous landlord.
I am new to real estate investing and would like to hear recommendations on wh...
i'm starting this thread and I'm going to try to make a post every day on how to get a quick start this spring.For 30 years I've done my best to give us our two offers a cash offer in terms of. Terms offers a more att...
As I continue to explore and prepare to be a REI I am finding people around me being very doubtful and advising against. The feedback is always about the headaches, constant tenant problems, constant repairs, evictio...
Question is pretty self-explanatory. I am currently studying for my bachelors at a mediocre school in Finance but I feel the industry isn't very lucrative (at least early on). I am trying to find a career that has the...
I've only been buying and renting SFRs for just under 2 years, but so far the experience has been pretty good. I've been able to acquire several properties with an average unlevered yield of 8%. That's based on t...