Erika F.
Profit Margin
I am trying to determine if there is an industry standard profit margin for real estate investors. Is there a standard percentage of profit that you look for when evaluating a deal?
i.e. When evaluating a deal, al...
Account Closed
24 years old and new to REI
Hi there,My name is Grace and I currently run a studio with my younger sister, who is 21. We teach piano, violin, and voice. With our income (about $2000/month), we want to invest in real estate (mainly rental propert...
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Help finding list of pre-foreclosures
Hi how is everyone doing? I am new to this site I think its great. I had a question similar to the person that wanted to know about the pre-foreclosures. Is there really a list that banks post up or something along th...
Eric Hamm
Roofing Question from New Commercial Investor
I just purchased my first commercial property. 19,200 square feet with a restaurant, 2 retail spaces, and 3 offices. It needs a new roof. I got two bids when I was doing my due diligence. The first roofing contrac...
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Real Estate investing with bad credit!
By being creative, you can play the game of real estate investing by using what is called Option's investing.
This is just one technique of the Option's strategy of investing but can be a power tool in your investor...
Oscar Moreno
How Much do you pay a contractor
I am fairly new to the world of real estate and I am still trying to learn the basics on how to start a house flip! How do you go about paying a contractor? If I do a rehab of $30,000 does the contractor take a percen...
Thomas Dorwin
Foreclosure, short sale and auction vs. leveraged cash deals
I purchased my first three single family properties this year. All in the Midwest (MI). First was an REO, second was a short sale, third was an auction property. The first was a 3 br/1 ba foreclosure for $50,000 an...
Account Closed
100% equity in fixer upper - next steps?
My husband and I purchased a potential rental for 26K cash. It does not have a mortgage and was fixer-upper and needed a ton of work. We were not able to obtain financing for the house due to its condition, so we took...
Patrick Flanagan
Strategies for scaling when you're lacking capital at the moment!
Hey All,
I purchased my first rental property year. It's a SFR in Cleveland that cashflows $250 /month.
While I'm definitely stoked with my first purchase, I feel as if I may have to wait years in order to save up ...
April Vogt
4-plex major remodel in Reno
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Reno.
Purchase price: $270,000
Cash invested: $50,000
Complete remodel of 4-plex in improving area of Reno, NV-3 partners
...