Eric Anderson
Subject-to property purchase
Hello all! It's a long read and I appreciate your feedback. I'm looking at doing a subject-to transaction, me, as the buyer. I've got a verbal agreement for these terms: purchase property for $230,000, 0% down, 20...
Carlos Diaz
Calling all investors 30 years old and younger
I am a 25 year old from Miami, FL. I started inquiring about RE investing in January, 2015, and I took action the first week of March, 2015. I started a wholesaling operation and have been steadily sending out postcar...
Account Closed
How Investing in the Stock Market Saps Your Wealth
Today, in Sept 2018 the Stock Market is at 28,000. An all time high. The average wage is $26 per hour. It takes 1,077 work hours to “buy the market”. That is, if you buy one share each of the stocks of the Dow, the co...
Troy Sheets
Who's using IKEA cabinets? Talk me out of using them!
So we're a few flips in now and we've only used IKEA cabinets with the soft close hinges. They look good and work well but our contractors hate them due to the assembly time. We're probably getting dinged by the contr...
NIcholas Hamel
“If its on the MLS its already a bad deal”
“If its on the MLS its already a bad deal”Ive heard this a few times already. I dont expect great deals to jump off the page at me but am i really missing out by relying on the MLS to find a good deal?
Jack B.
Wont the new Trump/GOP tax plan reduce demand for housing?
In expensive markets like NJ, Seattle, expensive areas of CA, etc? I suspect the demand curve will shift unfavorably, at least for expensive properties. Cheap properties in the Seattle area around 350K and so may be c...
Colby Mulry
Tenant always pays late, but not late enough....
I have a tenant in my first floor unit who has been late every single payment for 11 months in a row with every excuse in the book. However, they always end up paying right before the legal timeline for eviction. Does...
Patrick Crehan
11k saved for an investment prop... NEED A CONFIDENCE BOOST
I have 11k saved for my first investment property. I am going to house hack this prop for a couple years (with an FHA loan). I can save up a little more while on my journey of searching but I need a little confidence ...
Account Closed
Should I file for bankruptcy?
A couple disclaimers before I start:If you look through my profile and previous posts, you'll see that I am young (just turned 22), and also may believe I don't have the right mindset or maturity yet to start REI. Thi...
Karen Higgins
BEWARE of fraud by erentpayment.com
We are currently in the middle of a scam by erentpayment.com. They have taken money deposited by our tenants and have refused to pay us. They have been very limiting with information and turned their phones off and ...