Mike Street
Great response to direct mailers, nothing is cash-flowing!
So I've sent out two rounds of direct mail totaling around 1,000 letters. I've got a 1% response rate. I've made 6 offers. All of those offers were below market value and only cash flowed $100 per door (all duplexes) ...
Steve Dockins
How do you use Real Estate Agents?
I have bought 3 properties “off market”. I have tried to use 2 different agents. First one had rental properties. This was when I first started buying. Weird is that all the advice I got from him seem to be completely...
Joseph Hammel
Who's doing covid deals?
Is anyone still doing deals?I picked up a super cheap sfh for my self directed it's and have a offer on a small mixed use commercial/ residential. be safe!Joe
Rhett Tullis
Why rentals over $1400 per month are difficult in OKC
This recent article got me thinking a bit more about our market here.https://www.marketwatch.com/story/renting-is-more-affordable-than-buying-in-47-of-these-housing-markets-and-they-tend-to-have-one-thing-in-common-20...
Oscar Toledo
Hello everyone! Keep or sell? A 500k+ opportunity
Hi everyone, first post here. Just wanted to get some opinions on where to go...My wife and I bought a house in Austin, tx, where we live, in dec 2011 for 375k. It has 2 houses on one lot, both huge in size, 2200 and ...
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How did you gain experience doing this?
Hi everyone. I was just curious how you gained experience doing home repairs and upgrades yourself. I would hate to screw something up and have to bring in a professional after I already spent all the time/energy.
Nick Albin
Finding water shut off valve for house.
I am trying to located the main water shut off for the house. I need to replace the catridge and or washer for the shower faucet. I cannot seem to locate the water shut off. I would simply use the shut off for the s...
Account Closed
Am I thinking about the tax benefits of renting real estate correctly?
Question on rental income taxation:Thank you in advance if you can clarify if I am thinking about this right or not...-Assume I own a rental property in my LLC.-The property earns 2,000 in net rental income after payi...
Kavi S.
Appraisal came in 70k short, sellers being stubborn
Hey everyone,I'm buying my first property ever and it's been quite an experience. I had an offer accepted, 645k for a 3 unit on the edge of Boston - Hyde Park. I thought that was a bit high. My agent said he thought i...
Will H.
Newbie in St. Louis, MO
Greetings everyone,I'd say I'm new to real estate investment, but I guess you have to get started at something to be new at it.Anyway, I'm recently married (6 months today!) and want to make sure my wife and I are tak...