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What do you guys think about banks still holding onto some REO's? I think here in Chicago that this is true as well as a few other investors in my area. Looking for an overall view of the situation though from around...
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I'm new to real estate, but not new to entrepreneurship. I started my first business -repairing bikes- when I was eleven years old. I've always had an insane drive and work ethic and I can't understand how anybody wou...
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All - we just learnt from her mom that our tenant died yesterday. She lived at our property with her children. Wanted to understand what our responsibilities and next steps would be regarding 1. termination of lease 2...
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What would you seasoned investors do if you had unlimited private money with the following terms:
5% down
6% interest
7 year balloon
25 year am
I'm just starting out with some education and some property management ...
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Hey all!
I want to purchase a multi and have a budget of around $1.3 million with 25% down and mortgage the balance. Honestly, I have no idea where to start or where to look.
I have been looking for quite some time ...
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http://www.msnbc.msn.com/id/38277180/ns/business-consumer_news/
A couple days ago I posted the same topic. The above article is an article that discusses possible deflation and recession for the U.S. There are a lot ...
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@ Llewelyn A. -You posted this on another thread:"Mike, Jay, like both of you, I buy based on Internal Rate of Return (IRR) Analysis, not on calculations that only tell you what the current year return gives you.I met...
What would interest a private lender to invest in the purchase of notes?
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Hello everybody! I hope I'm posting this question in the right place. If there are any agents out there doing these transactions, are you going through your brokerage? Also how are you advertising for tenant-buyers on...
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My father and I are looking into getting into RE Investing. Our long term goal is to build a portfolio of rental properties that produce passive income both for his retirement and my long term wealth. As we contemplat...