We were attracted by the theory of Clayton Morris like so many people did and took action in March this year to buy two houses. It is hard to say anything wrong with the theory or say this is a scam but this investmen...
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I have been going to foreclosure auctions for some time now - even thought I would still consider myself a rookie, but how does the bank come up with their upset price? I got to auctions in Queens, Brooklyn, Bronx - ...
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As someone wobbling before their 1st investing baby steps this question isn't a top priority, but following 'begin with the end in mind' (and because I like to follow odd tangents)...Everyone has their personal plan, ...
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I am looking to get together with other investors in the South Bend, Indiana area. (South Bend, Mishawaka, Elkhart, Goshen) I am a new investor and would love to network and share ideas with other local investors. If ...
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Hello Bigger Pocket friends - I have an urgent question to ask. I sold a house couple of months ago. Buyer wanted some plumbing repairs done at the property and he send me an amendment for repairs. I had the repairs d...
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Hi!I am reaching a point where I badly need a new vehicle. I can afford it, so that is not the issue. My question is about what the most practical vehicle type would be. I am looking at either a truck or an SUV-type...
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As some of you know I am starting a small website venture. I made mention of it a few months ago.
We are just getting to the point where we finally hosted the site online...but I won't give the address out....because...
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Hey everyone!
I've been doing my due diligence before I start investing.
It seems as though most people want to find properties which main criteria being that the property has positive cash flow.
One book I've be...
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Wow - just had two potential buyers send in offers on a $500k deal (8 rental homes) where the seller was offering owner financing at 6% $150k down, 30 year amor w/a 5 year call. I've talked to several commercial a...
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Can someone please tell me the 'rule of thumb' when evaluating a property for rental? Or better yet, what is the '2% Rule and the '50% Rule'?
I'm looking at a potential deal tomorrow and I'd like to get my numbers rig...