My realtor told me that in rder to buy a reo property the bank wants 1oK in earnest money. The arv is $400k, and i will be offering 15ok. I told him the most I would offer is 2k. He said that the banks ask for 10k be...

Background: I am still looking for my first investment property. I have found a 3 bedroom, 1 bath for approximately $30,000 and I think it can sell for around $80,000 to 100k with ~20k in renovations. It is a 1.5 st...

I recently purchased a course on lease options that came with a number of legal documents including a purchase contract, lease agreement, and an option agreement.

I'm happy with the course but I'm...

Warning- This is long-

I just got my taxes back for last year and I am really confused. I have tried to grow my rental business a bit too rapidly and I am trying to figure out how to level this out so it wor...

Is there a difference between the two?

If the loan terms were the same, would you be more likely to work with a private lender or a hard money lender?

Hard money lenders use private money, so to my mind they are the...

Before I proceed with my blog I want to make 2 statements:1) I am politically neutral.  I am not red or blue. 2) I truly feel bad for people going through hardships right now.With that said, prior to COVID, real estat...

Hello,I just sent out my first mailer using @Jerry Puckett In NJ somwhere.I started getting calls yesterday and it is a disaster, I will try discribe all the issues one by one.Someone calls while I am in the car I ans...

Just Closed on my first property, and I'm feeling like I made a mistake. Bought a duplex for $157,400. My mom will live in one half and I plan to occupy the other. I got a great deal in one sense- My mom supplied the ...

So I’m thinking about investing with a company that says if you invest 150k on 10 properties (turkeys) that you will make around 5,000 a month and this all can happen in a year. Between 13k and 15k for a down payment....

How many of you out there use a Credit card for your investing BIZ or personal life? My wife and I don't use them because of the Dave Ramsey movement, but now that we are doing well with money I might consider it?  wh...