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My first RE investment may be a bad investment, according, to two realtors who specialize in the market area. I estimated an ARV of $310k after rehab, but they say I will be lucky to get $275-285k. Below are the det...
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My goal is to purchase my first real estate investment property within 1 year.I have a well-paying job, good credit, no consumer debt (just my car, which I'm working to pay off), and I am working on a 20% downpayment ...
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I have always liked the idea of rental properties, but always thought it was out of my league. To make money, you must have money mentality. A couple months ago I stumbled onto Bigger Pockets via YouTube. I am hooked....
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I work in three zip codes (53202, 53211, and the expensive part of 53212). I can not find any deals. Sellers and banks have crawled under rocks. I am looking through my files from the last few years cold calling al...
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I'm a relative novice investor but I have done several flips and currently have one rental. I do my own taxes but have always struggled with where/how to expense mileage to and from the properties I'm working on. I ...
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Hello, have my first opportunity to buy 6 properties from an investor.Bottom Line: 216k for 3350/month in rent. I posted the full analysis below and these numbers seem like they would work, my worry is this is a bigg...
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Investment Info:
Single-family residence fix & flip investment in Sacramento.
Purchase price: $350,000
Cash invested: $50,000
Sale price: $415,000
It was the worst first flip because we hi...
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Maybe I'm naive but here's how I think we should have spent the first bundle of bailout money.
1) Take a look at each loan in Foreclosure and see what could be done to get them out of that state. (buy down interest r...
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Economics professor Richard Wolff warns housing crash would be worse than Great Depression"Economist Richard Wolff told Hill.TV’s “Rising” Wednesday that the coronavirus pandemic could lead to a housing crash worse th...
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Now its a year later & I have DEppreciation on 2 of them & negative cash flow on ALL of them although all 3 are rented!
I made the typical newbie mistakes of thinking prices would continue to rise & not ...