I just completed a "Four square rental property analysis" for a fourplex in my area, and according to my calculations it has a negative cash flow. Am I missing something, or is this property just that "bad" of a deal?...
Hello,Has anyone worked with ReadyREI in Saginaw, Michigan?Is it normal that a Turnkey provider doesn't allow you to send your contractor to check the house before closing ?
Recently, I purchased a duplex in Warwick, Rhode Island for well well below fair market value. The property has all of the heavy lifting done, windows, mechanicals, roof, electrical, etc. The interiors are sound, bu...
Hello,Has anyone worked with Grocapitus and were their revenue estimates accurate? Any comments on things worked out? I tried searching the forum expecting to find something but was having trouble. Please PM if you've...
There is an economic term called diminishing marginal rate of return. Meaning for every one more unit sold the benefit becomes less and less. With the rise in college tuition costs and the strong emergence of availabi...
Hey everyone. I wanted to bring up a recent news story to see what your thoughts are. I reported on our blog yesterday a story, Zillow Banned in Arizona by Regulators. Is the Novelty Wearing Off? where the mega corp...
They are trying to make wholesaling illegal and also in this bill it states that if the real estate commission finds you guilty they can decide the fine or penalty. Of course this bill has been written by a realtor th...
I'd like to talk about this topic with everybody because I feel its a legitimate problem. WIth a recession upon us we know the housing boom was part of it. Including the fact that some entire housing developments were...
There is a lot of discussion about how to approach appreciation in RE investing, but say you got lucky. Then what?My specific situation is that I have a property that I purchased for $300K, is now worth $600K, and sti...
I'm working on a Sub2 deal and have been reading tons of posts here on BP. I know I need a POA but would like an actual example of the specific language some of you use to address the immediate and longer term issues...