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I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...
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This question is for private lenders/HML. If a buyer uses your POF to enter a contract and you then decide you are not going through with the deal...how does the borrower know that. With a typical bank you would get a...
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Im in the process of getting a duplex under contract. The home owner and I agreed on a price of 25,000. But he says he wants his money in 3 separate checks (9k, 9k, 7k). He says he wants it this way, so he's not audit...
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Right now we are paying about $1,000 per month for a garbage dumpster at my 24 unit apartment complex, and it's pretty much always full. We can't shrink the dumpster or decrease the number of pickups unless people ...
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I wanted to get some feedback. I've been doing flips and buying rentals for three years now. I currently have 7 rentals and am closing the sale of my 5th flip. I feel like I've got my flips dialed in but I haven't ...
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Over a year ago, I was living in San Diego, California thinking about my next move to earn "passive income" with. I threw a dart at a map. Just kidding! After much thought and research (about 3 months of contempla...
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Anyone else get frustrated by those HGTV shows that make it look so easy to flip a home? Flipping a home is a business and like any other - it requires knowledge and planning to actually be successful. I can't tell yo...
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Hey everyone,As mentioned previously, I am a finance professional looking at real estate deals on the side, and still looking for my first deal. I have found what I believe to be a good one and have fully negotiated t...
Hey folks, looking for some ideas and inspiration here. How would you invest in real estate if you had a few extra dollars in a trust, say $1.5 Million, and your goals were to:Maximize income for yourself in retireme...
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I purchased a "mostly" cosmetic fixer upper to live in for the next 12-18 months. The entire house needs a makeover and a few fixes. I am not handy in the least, nor does my W2 job allow me the time to do the work my...