I thought I was doing ok with this, but after reading on here, everyone seems to be doing much better. Heres the deal:
Purchase Price 38000
Mortgage 29000 = 253/month on 15 years @ 6% ($16500 out of pocket do...

Several threads recently have discussed the ethical standard of suitability in real estate. In other words, are the buyers or sellers sophisticated enough to understand the risks of a financial arrangement if it is d...

I'm looking at a 3 family that is asking $197,500 and the assessed value is $248,500. Does this mean that I can purchase this property and then refinance and walk away with money right away? Or would I have to make th...

Hi.  My name is Tom Allard from Bakersfield California.  My wife and I have not invested in real estate other than owning our own house.  We are getting to the point in our life where we need to give our "retirement f...

Just a few questions about offering someone seller financing:When you see the ad, what's the first, second and third thing you do?Do you email/call the seller right away and ask if they'd be willing to do seller finan...

How do agents pull comps? Recently, I picked 3 sold houses off of HAR's map view. The value was 145k. But when I use the instant CMA tool the value is 133k. My filters are no minimum, no maximum, 6 months sold, and 1....

Hi all,My partners and I are about to try and execute our first wholesale. Normally we keep all of our projects in house but we're fully tapped out in terms of financial resources with our current projects and the opp...

Mine is lack of communication. When a tenant refuses to respond to any means of communication, that indicates they're trying to hide something and I'm right almost every time.What red flags do you watch for with exist...

I placed a bid on a property through my agent who is not the listing agent, This was Friday (4 days ago) and I was told that they would accept the highest bid by Saturday. I have heard nothing other that there were 4 ...

My husband and I currently live in a suburb of Austin, TX. We bought a new house to move into in December 2020. We planned on remodeling the house (it was extremely dated), moving in when the remodeling was done in th...