Kenneth Goldman
How Does Fix and Flipper find First Deal (Chicago Market)
I have been looking for that first deal for about 4 months and have been close but have not locked anything in. I lose focus based upon many methods of finding property yet nothing seems to work. I am amazed by h...
Joe Fornasiero
$495/mo in cashflow. Am I missing anything?
I've recently found a duplex that I'm interested in purchasing the list price is $69,000 but I believe I could purchase the property for $60,000. Current rents at $600 per unit totaling $1200/mo. The tenants are up to...
John Thedford
I Have Been Given Opportunity To Invest In A RE Brokerage
I have been given the opportunity to invest in a new RE brokerage. The people that want to start it are top notch, motivated, ethical, honest, and go getters. I don't think I could find someone I would trust more or h...
Jose Robles
Working with Investors
As a new real agent, I would love for my target clients to be Real Estate Investors because I plan on being an investor! Is there a way to attract real estate investors as my primary client base? Thanks in advance!
Jacob Dinkins
Which market for high cash flow on a fourplex?
Hello, BP!
I'm looking for my very first deal. I want to househack a fourplex and generate as much cash-flow as possible using an FHA loan with 3.5% down. I have a job where I work from home and I'm willing to move a...
Drew Gelinas
Renting Property to Insurance Agencies
I have a STR that we use which is waterfront and has high peak seasonal cost in the summer. We had someone reach out looking to see if we would be interested in a 6 month rental from an insurance company that they wo...
Jeff Hunt
Diary of a first time flipper
It's like getting a drink of water through a fire hose! So little time so much to learn. Offer accepted and due to close within the next week. The numbers I am estimating are as follows:
ARV (last week had ...
Paul B.
Syndicaters can't get enough investors
Background: I have been looking into multi-family passive investing. I attended a multi-family seminar in early November, hosted by a guru (he hates the term but I'll call him that here for simplicity) who knows my lo...
Paul Birkett
32%+ cap rates in N Dakota...too good to be true?
When its too good to be true....it usually is! There is always a catch or something you don't think to ask until its too late.
Im trying to find the catch with this one: buy dormitories in ND to service the o...
Jason Schmidt
I just learned about Return On Equity (ROE) - now a question
After reading "The Millionaire Real Estate Investor" the author was illustrating how the longer you have your property, the lower your % Return on Equity ((annual price appreciation + annual debt pay down + annual cas...