Johnny L.
Where's the Money in Being An Agent?
I'm really having trouble seeing where the money comes from from being agent. It seems that if you're not selling 12, 20, 30 homes that it's extremely difficult to make a living. From the experiences I've heard it's h...
Amiris Brown
Which is better: Double Close or Become a Realtor?
I’ve been convinced that I may have to start out in Real Estate by Wholesaling properties. However I’m very paranoid about following the law to the “T”, especially knowing full well I have Attention Deficit Disorder (...
Rich Weese
Update on Building home instead of rehabbing for profit.
This is just an update to a previous thread. Here are the results on the first home completed and sold. The property referred to on the Golf Course has closed. Lot was actually bought for $39,145. The sales price was ...
Megan Kline
What is the minimum cash flow per door per month you use?
I am just starting to acquire rental property and curious what others consider the minimum cash flow requirements for deal analysis. Per month and per unit, after expenses and debt service. Also, self manage or pay p...
Erik Stewart
RE investors with humble origins?
Calling all underdog RE investors.If you got into real estate because you were an engineer, lawyer, doctor, or otherwise have large amounts of discretionary income, that's cool, but I want to hear from the unlikely he...
Nat C.
Never take in strays!
This is an interesting story for home owners in Florida. I just went through 2 weeks of hell but I finally won.I met a young couple who were unemployed and had no where to live. I allowed them stay in my house providi...
Matthew McNeil
Property Manager wants to be named as “Additionally Insured”
I'm the primary insured, but my PM wants to be included on Liability policy. Has anyone heard of this?My insurer refused to accommodate the request saying they've had problems with PMs named in their policies, althou...
Cole Hagen
Is Scott Trench Wrong? Retirement Plans vs Real Estate
I just finished Scott Trench's book "Set for Life" and let me start by saying it is a awesome read and I fully recommend it to anyone and everyone.In the book Scott bashes on typical retirement plans such as roth IRAs...
Kevin S.
What would you do?
Hi BP members,I am looking to invest in a SFH that cost about $400,000. With 20% down the property will negative cash flow $500/mo. It breaks even @40% down. One lender advised me it's better to negative cash flow ...
Devon Woodson
Why Wholesale?
I live in Washington state, about 2 hours west of Seattle. I have about $1,000 and some books I received at a Rich Dad 3-day workshop. I don't have a job, I separated from the military in March and have been getting p...