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Last week, I closed on a triplex and my portfolio hit 25 units, and I wanted to share what I've learned in the hope that it may help some investors who are starting out (both young and old). This deal:Purchase Price: ...
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Hello everyone! This is my first "real" post around here, and I look forward to seeing what all of you would suggest for someone starting out in this business from my position: I'm in my mid-thirties, and I'm in a pr...
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Good morning everyone, I was wondering, if I want a property paid off in three years, and I put 20% down, should I put as much as I can monthly (I can add an extra $4,000 per month) or, should I put the $4,000 each mo...
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Hi all - I’m looking to purchase my first investment property near Houston. Single family home, relatively turn key, ~$250k, decent schools. Given rates are what they are, I don’t seem to find anything that positive...
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Hello, I just joined this website after reading a really motivating article from this website's creator.
Let me give you a rundown of my current situation.
My boyfriend and I just bought our first place...
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Hey guy's i'm trying to get into flipping houses but not having to much luck finding my first house, i've tried driving for dollars, zillow, facebook,craigslist and right now i'm using a free trial of propstream which...
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I am starting off the new year and really want to get build my wealth in a better way.I've got several properties (including my own house) paid off free and clear for over a decade. I'm 45 years old. I chatted with a...
Hi Guys. I need some clarification on two things.. Private money and comps.
Private Money
As far as private money goes, I am a little confused on how you work out the ROI for the Investor. Once you find/get the dea...
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Hey folks,Quick questions for you. I have enough cash in the bank to purchase a small 2bd, 1ba SFR (already cash flowing/w tenant) outright. My question is, should I make a cash purchase so I can own it free and clea...
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Hey! I'm not new to REI and I've been talking about getting my first property for several years now. I'm finally ready. I found a property on an auction site that I'd like to bid on. I'm looking to use it as an invest...