Marcos Carbi
Invest now or wait for recession?
Hey guys,
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...
Willow T.
How I Made $104,000 on My First Flip Purchased for $31K
Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...
George Lopez
What are the pros and cons regarding high cap rates?
I have recently read a post that mentioned high cap rates can be risky?I am new to investing and up until the other day, I believed that the higher the cap, the better the income. What are the pros and cons of this? I...
Wendell De Guzman
Newbie Wholesalers - don't be THIS Guy
During my closing today - I wholesaled a house in Zion, Illinois and made $5,309.84 - my real estate attorney approached me and introduced me to a real estate agent - let's call her Pam. I can see a sense of skeptici...
Jack B.
Wont the new Trump/GOP tax plan reduce demand for housing?
In expensive markets like NJ, Seattle, expensive areas of CA, etc? I suspect the demand curve will shift unfavorably, at least for expensive properties. Cheap properties in the Seattle area around 350K and so may be c...
Paul Altman
Private money lending advice
Hi
I am considering loaning money in a situation where I would be getting 35-40% of the profit and also a preferred interest rate on my money. This would more so be a partner situation so not lending to stri...
Erin Dorsey Robinson
Cleveland City Council Passes Housing Overhaul
Hey everyone- I ran across an article today and shared with my clients and fellow investors. Thought I'd post on here as well. Cleveland City Council has passed a series of new regulations targeting landlords who allo...
Sharad M.
What are the "secrets" and "strategies"?
So today while flipping channels, I came across a infomercial for Than Merrill. I guess he is in Chicago, so I watched it for a few minutes. He talked a lot about some "secrets" to RE success.
I have never ta...
Howard Edson
Washington state anti-flipping law (SHB 1843)
Question for Washington state flippers. I'm a beginning investor in the Seattle area. Just heard about Washington state's anti flipping law. It seems that only licensed contractors are legally allowed in Washington st...
Justin Westmoreland
Average Profit per flip
I'm wondering what is the average profit per flip. I attended a RE seminar and the guy teaching the class was saying he won't do a flip unless he makes $50k profit minimum. Which sounds amazing if that is true. I'm lo...