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I have been flipping houses on the side but looking to replace my W2 as I scale up house flipping from small houses using only my own money to multiple larger deals (700k - 1m) using others' money. Not sure where to s...
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I am considering hiring a property management company for a rental but I've heard that, in doing so, the rental income will be classified as a passive investment for me. My worry is that I would not be able to write m...
Hey everyone. My name is Mike and I’m currently at the tail end of my first flip. I’m 31 and just started my REI business in the Hudson valley NY. A lot of things happened to bring me to this point but long story shor...
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Self Storage has always been touted as recession-proof but data is showing people are spending -50% less on it since Coronavirus quarantining. What do the experts in this space think? Are folks deciding to cancel memb...
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I am on this site to get as much info as possible before I even look for my first investment. I would like to use flipping as a way to make enough money to eventually purchase a mid sized apartment complex. I have fo...
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I've been browsing the forums and it seems that many people are into leveraging their money by buying numerous rentals looking for long term wealth. That sounds great... However, I want to retire ASAP. My SFH will be ...
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This is a post meant to stir general conversation with other business-minded people about finding and working with professionals that focus on our wealth planning, taxes and related areas. I'm involved in multiple thi...
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Economic Update
(August 3-7, 2020)
It’s 2020; a crazy C-R-A-Z-Y year. We are in the land ...
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Hi all, I am looking for updated information on list services. I have been researching the forums and see listsource, realtytrac, foreclosures.com, Melissadata, etc. My questions are:
1. Do you all obtain leads fo...
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I'm referring to tenants as the previous owner. There is no lease.
We purchased a foreclosure, gave 3 day notice, then served unlawful detainer. Waited the 5 days with no response from tenant. Received the writ of po...