Newbie question here: I'm looking to buy a Class A triplex or quad within 10 minutes of my house and doing property management and maintenance myself. I live close to a large university. Of the 20 recently-sold small ...
PART 1: INVESTING IN REAL ESTATE, the Why, the Where, the What, the How, and the How Much:
In mid-2017 my wife and I decided to go back to what had been one of our passions in the mid-90's, the ownership and manageme...
I just had a real frustrating incident occur. First of all, I think some flippers do not understand the purpose of wholesaling or wholesalers. I have run into a bunch of flippers in New Jersey, North Carolina and el...
Earlier this year my good friend paid $30k to a Dallas real estate guru to finally get started in real estate at the ripe young age of 55. After the course, the gurus convinced him to put his entire retirement into 2 ...
If you are choosing based on cash flow and on two different scenarios, which route would you prefer.Scenario 1- Which path would you choose if each space is operational and upside is in the management inefficiencies.S...
Well it happened to me this week.. its a long drawn out story.. but here goes.I sell a OREO on a land contract.. the buyer sells to another buyer on land contract.. This new buyer it appears wanted to make sure my b...
I genuinely want to know why people assume wholesalers are bad or dishonest? I am thinking about becoming as a means to get into the real estate arena. I have gone to networking event and hear people talk negatively a...
Federal policy makers want to keep you from buying and profiting from openly traded non-performing notes (NPN). The bias is against private investors who purchase 1st and 2nd mortgages of delinquent homeowners in favo...
Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.
Now another question - is that 8-15% on the money they lend you or of your final profit?
I'm looking into investing a good amount of cash in my first syndicated apartment deal. Buy-fix-reposition-hold. I am imagining there are about 25-50 fairly sophisticated individuals involved on the equity side, maybe...