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Guys.. I am about to step out and begin door knocking for the first time! Any pointers on the approach? Has anyone had success from this?
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I'm getting conflicting information on earnest money down for getting a property under contract. I'm told that 10% EM is the standard in TN and that you have to prove funding before you lock a house under contract. Is...
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I purchased a home for $35,000 cash in an area that is quickly coming up. We did a full rehab on this home (about $28,000 in renovations) and just got renters in paying $800/mo. Total investment = $63,000. True comps ...
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I'm taking slow baby steps into Real Estate. I've finished reading:The Real Book of Real Estate -Robert Kiyosaki (reading it again)The Tax and Legal Playbook -Mark Kohler (actually about 80% done not completely)Invest...
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These are my modern cabin renders. It's a 1bd 550.sqft cabin, maximizing every square foot to the highest utility value. I plan to short term it when I'm not living in it so I designed it with an additional vertical g...
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If lender's maximum desired ratio for borrower's mortgage payments to gross monthly income is 28%, how can a person with average income ever have a mortgage on more than one "average" property?Income from investment p...
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Just landed my first deal through Direct Mail. Closing was today. I'm not wholesaling the property but flipping it. Wanted to see what other people have for their conversion rate of how many letters to land one deal, ...
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I’m curious what my BP fam would say about how I can either make this more attractive to a private lender, or is this pretty attractive and I just haven’t found the right type of lender? I have a good friend that I ha...
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I have a couple units in the DC metro area, and want to get involved in a bulk deal in another market. Depending on the time frame, anywhere from 500k-1.2 mil. Lots of 1099 income, will have to wait till this tax seas...
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Hi, I am VERY new to REI. Thus far I have read a few books, practiced analyzing properties, scoured Zillow, Craigslist & the MLS, spent hours on BP and secured a HELOC. I am convinced there is money to be made but...