I was wondering how successful wholesalers, particularly in CA, are determining offers on bank owned fixers. The "70% of the repaired value minus repairs" formula seems to be not applicable in my market. The banks re...
I was born and raised in CA. It's so heartbreaking to see what is happening to it. A recent poll says that 46% of the people plan on leaving the bay area. Let's do our own poll (FOR CALIFORNIANS or those that recentl...
Together my husband and I have almost $200k in student loans with a significant portion of them being at 6% interest. 53k of that is at 6.8% and 7.2%. We currently live and work in Oregon and are interested in getting...
Hello recently my great aunt passed about a month ago and now I wanna subject 2 it just to keep it in the family and to own my first house. My question is who would inherit the house? My aunt wasn't Married or didn't ...
I have to admit--I am sooo nervous about buying my first rental property.I spend hours on the MLS, look at properties left & right, analyze until my eyeballs ache—but I still haven’t been able to work up the nerve...
Hello Everyone,A couple of weeks ago I paid a guy $500.00 to start coaching me in real estate. He seems pretty legit but I am wondering, is the cost of $500.00 per month really worth it? I had did a little research on...
Hello everyone, I'm a newbie wholesaler who is doing this as a side hustle remotely. I'm currently looking for distress properties to skip trace the owners with hope of getting my first wholesale deal. This is my iss...
I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
IS WHOLESALING ILLEGAL IN ILLINOIS?The Real Estate License Act of 2000, 225 ILCS 454/1-1, et seq., and its accompanyingregulations, 68 Ill.Admin. Code pt. 1450, govern the business of real estate brokerage in Illinois...
First of all, I really do appreciate all the helpful guides and discussions on here to help educate a new REI such as myself.We can all invision the statement "It is better to purchase 5 properties at 20% down, and fi...