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I wanted to start this topic just in case there are any other newbies going through the same start as I am. That's just educating yourself for your first flip and trying to figure out how to the finance the first deal...
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First of all, I appreciate the men and women who choose to serve in the armed forces for our country. And I do not mean to offend them in any way, but instead try to gain insight in some questions that I have.
Why d...
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My husband and I recently inherited a large sum of money and would like to begin our RE investing journey. I plan to pursue on a full-time basis. Currently in the midst of learning as much as humanly possible. We have...
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Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k. The house will rent for $1500 to $1700 per month.I’m teaching my daughter how to create a monthly budget and will set up a sepa...
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In the book How To Invest In Real Estate, the author claims that a property that doesn't meet the 1% rule will never be cashflow positive.Here is a proof against it. Buy a property for 500K cash, rent out for 2.5K, su...
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I have a pretty good job that I've been working at for many years. We have good credit and some money saved. I've listened to many of the podcasts on BP, ready many posts here and have learned a lot.
What I...
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I just got a pretty severe lecture from a house buyer. Trying to figure out this game and making your way as a wholesaler title companies etc are going to look at you like you've got two heads from time to time. "Peop...
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Hi everyone,
Has anyone dealt with purchasing properties in FEMA declared flood zone? Any word of advise besides additional expense on flood insurance. Many properties in CO got flooded last summer and were c...
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I am going out on a limb here, and stating emphatically that NO LANDLORD should EVER pay for their Tenants Water Usage. Do you agree?
Here are my reasons:
1.) Personal Accountability: They use it, T...
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Has anyone been experiencing unresponsiveness from Sage Acquisitions while trying to close on a HUD property? Sage is the new management company HUD is using in the Philadelphia area.Our offer was accepted almost 60 d...