Jimmy Wen
Is it necessary to set up separate bank accounts?
Hi all,After a year of studying and hesitation (I will admit that), I finally pulled the trigger and got a duplex under contract! This will be my very first investment property!Here is a quick question: do you create ...
Thomas B.
1st Investment Property. Corpus Christi, TX
I just closed on my 1st investment property! It was listed as a 3/1 foreclosure; however when I walked the property with my agent it looks like a 2/1 with a single car garage attached by a breezeway that had previousl...
Garrett Pohl
How do you sell your tax deed properties?
I am a "newbie" to the real-estate and sheriff tax deed sales. I've spoke with a few people and have read numerous articles about tax sale investing. I recently purchased two pieces at the last sale, Now my question ...
Bryan N.
Do you outsource your tenant screening/placement by using a realtor?
I use postlets and CL for advertising, show the place myself, screen myself, and hand the keys over myself. I've often wondered if using a realtor to outsource this is worthwhile.
Aaron Yates
What do you think of this possible partnership venture?
Hi everyone. As some of you may have seen, I attended my first REIA recently. I need to expand my network and connect with other REI's. So time finally allowed me to go.
While talking with people, a seasoned investor...
Sol Dubnov
Do not deal with this bank
Why would a company that has "no appetite" for investment drag potential customers through application and appraisal expenses while not intending to invest? Here is a story of a community bank in California (I'll post...
Ross McKenzie
Profit, Ethics & Capitalism
Good Day All. It seems to me that so many BP or successful REI stories are about scoring properties at a steal, and following up with potential sellers with umpteem phone calls to convince them into selling their hom...
Herm M.
"You can only flip a property for 20% profit."
What does this apply to? Obviously flipping properties.
But what does it mean?
So if I buy a property for 500k and put no work into it... I can only sell it for 600k? According to which lender's guidelines? Which l...
Chris L.
Looking for ideas to reinvest a 7 figure amount
I presently have a chunk of our SFR homes under contract which will yield a 7 figure return after taxes and fees. (Of course, there is no guarantee that we ever get to closing and this will be an irrelevant discussion...
Rob J.
A squatter has taken residence in my rental property
Looking for feedback. I have a lease with a renter who moved on January 19th. After moving him out, his mother moved in and changed the locks. The police were called to remove her as trespasser, but the officers wo...