"Why I Borrow for the Terms I Do How I handle the Balloon Payment"I almost always borrow money from private lenders to buy my houses. I borrow at the following terms;$0 Down payment8% InterestInterest Only5 yr TermNon...
Hello everyone! My husband and I are new to real estate investing. We have been researching a lot and are anxious to get our hands wet. We live in Northern California so investing in our area (and California in genera...
Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found. I purchased this unit in 2001 for $400k and converted it to a rental in 200...
I'm so excited a new chapter just opened in my REI career! This was always in my mind, and after 3 months of going after auctions, I landed my first acquisition! For the record I have 3 rentals out of which one was a ...
Hi All,Background: Last year, my husband and I bought a foreclosure property in Missouri and rented it out through Zillow since we had some free time. It's going well so far! However, new job opportunities came up and...
It seems to me that the public at large as well as investors are unaware of the BOOM that is happening due to gas exploration! I think that everyone will agree that in our field we keep our eyes and minds open at all...
In Part I of this post I identified four U.S. markets which I believe to be ripe for commercial real estate investment: Atlanta, Austin, Denver and Durham.2018 Best Commercial Real Estate Markets to Invest In: Part IP...
I am super excited to say I met with my first motivated seller about an hour ago. Let me first say sorry if my post runs pretty long but here is how I got to where I am.I started my direct mail campaign on Tuesday nig...
Hello My Oklahoma Investor,What system have you guys been using to collect rent from tenants? I am putting my Lease together and I am not sure if I give my personal address, create a PO BOX or use an online tool. Any...
@George Paiva and I closed on a different asset class than our single family flips. We purchased a 16 unit in New Britain, Connecticut.We purchased it for $505K (~$31.5K/unit) and average rents are $675. Top line numb...