Hello, so I always read these amazing stories about how successful people have been with their Real Estate Investing. However, today I want to hear different stories about a time you guys were NOT successful. The reas...
Location - Spring, TX
Built in 1977, 3/2, approx 1500 sqft
Contract Price - $120k
Locked-in Mortgage Rate - 3.5%, 20% down (no points)
Total Monthly Rent - $1450
- Comes with Section 8 Tenant (Mom & 3 kids)
...
Good morning guys and gals! I'm always seeing what transcends into a good deal. I'm curious though, what was your worst deal or hardest struggle with a property? Was it the PM? Did you make a mistake on the numbers? L...
There are endless articles and posts on BP discussing how to analyze a deal. But most focus on how to run the numbers and very few focus on how to assess the neighborhood. Putting numbers, I'd like to share some metri...
I am just starting out in real estate investment. My first property will be, unless something changes, the duplex we're currently living in on a rent-to-own basis.Whenever I tell people what my wife and I want to do w...
Read Deal 1Develop a learning pathJoin a local REI group, posts, blogs, books, seminars, paid mentorship’s ( not me, I’m burning some brush on a Subdivision we are doing, killing time right now), etc. Ultimate lea...
Investment Info:
Single-family residence buy & hold investment in Washington.
Purchase price: $230,000
Cash invested: $10,000
Sale price: $295,000
First-time buyer, lots of mistakes. I liv...
Ok. I was preparing online lease agreement for my first tenant, and made a mistake. I meant to set a small late fee to be charged per day, but instead it was set the small late fee to be charged per month if they dont...
Hello BP Pro!I'm new to RE investing and have signed up for the bootcamp as well as classes at my local JC to learn as much as I can. One thing I've noticed is that of all the things needed to start out, money is defi...
Some of you that have read my posts may know my style of managing tenants. I am supper selective in screening tenants and strict with enforcement of rules. I have no loyalty to substandard tenants and believe they sho...