KIran K.
Worst FIRST FLIP: LOST OVER 100k
Investment Info:
Single-family residence fix & flip investment in Sacramento.
Purchase price: $350,000
Cash invested: $50,000
Sale price: $415,000
It was the worst first flip because we hi...
Brandon Connell
Cash buyers are not serious
I have a property in Illinois under contract with some good meat on the bones, and only a couple of cash buyers (or so they say). So far, they are dodgy. I read that the hardest part of wholesaling is getting the cont...
Jesse Chunn
Why Not Apartment Complexes???
I am new, have not bought my first property yet, but I have been a "businessman" for 20 years. I have a higher than average tolerance for risk, so long as it is "calculated" risk. For the sake of this question, assume...
Joanne Tsai
Is market softening? How does your local market look?
Hey all,There have been a few articles on CNBC talking about new home sales plunged 25% in recent months (YoY) and also today there is an article talking about existing home sales also seem to trend down comparing to...
Jack B.
Can I retire like this? (3.2 million net worth)
Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...
Darwin Crawford
My Energy Efficiency Project Thread, aka Eco-Capitalism
Hey there BP!I'm posting this thread, which, full disclosure, will be long, and might not be for everyone, in order to document a project I am doing here in sunny Arizona. It is on a commercial building, 8 units, and...
Abi Horton
Withholding a tenants deposit due to mold?
I just bought a property that had tenements that were older and lived in the house for about 10 years. It came out during the inspection that there was a sewer line blockage and the tenants confirmed there had been “b...
Stephen E Drew
Wholesale Contracts And Leads
Hello Everyone. I was hoping to talk to any of you amazing seasoned investors about wholesaling. I have been debating on buying a wholesale course online with Brent Daniels who seems to have a great thing going on in ...
Kelly Olson
If you could do it all over again...
INVESTORS! If you could use the knowledge you have now and start from the beginning of your investing journey with $150k to start, how would you invest it to scale cash flow fast? I have spent a lot of time learning t...
Kar Sun
Tenant damage and ordinary wear and tear
My tenant signed a contact that clearly states that when he moves out the property must be in the same or better condition as at the time he moved in normal wear and tear excepted.
He mounted a TV and when the mount...