On another post which we kind of derailed, we got into discussing creative financing techniques and clauses some of us use in notes secured by real estate. You can read more about it here:
Original "Motivatio...
Hello, I'm looking for some advise on what to do. In 2006 my wife and I purchased our first home in Lansing, MI. Honestly, I believe we overpaid unfortunately, and it cost us $107,000. We had an FHA loan with no down ...
Hi Everyone!
I have a 5800sq ft, 4 unit apartment building in New Brunswick, Canada that I bought a couple of years ago. The building is quite old and has lots of old/dated wiring that has made it un-rentable until i...
Hey everyone,Last year, I started looking at multifamily property in Oakland to house hack so I could live cheaply / free while building equity. While the cash flow and numbers can work with the right property, I thin...
I thought I would post a recap of my first flip, a deal I thought was a slam dunk but didn't turn out to be in the end. The house directly next door, which was identical to mine, sold for $105k earlier that year and t...
Being that there are many more wrong ways to accomplish a given task than there are right ways I thought a thread covering some of the "donts" might be useful for those just getting their feet wet in repairs and renov...
Recently closed on a house and just listed for rent. Been listed for rent for four days now and only had one application. Applicant credit score too low so decided to pass. We are approaching the Winter season and it’...
I have a child hood buddy who is struggling with his life. He is 24 living with parents and is working as a pizza delivery job. He got his masters in Psychology 5 months ago but is having issues finding a job. His par...
This topic may be a bit more esoteric than most on this forum, but it does matter to me, and it stands to reason that it might matter to others. I posted a quick comment related to this in another thread and got a th...
I closed on a duplex in Buffalo, NY last week. The house (both upper and lower) was vacant, in great shape as the owner had done some minor updates to the flats. The numbers look great on paper and the rents I plan to...