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I'll try to get to the point.I use to work for an investor when I was younger. Ever since then I've wanted to get into real estate. I never acted because I also wanted to become a police officer. I focused most of my ...
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I'm working on finding a rental property as my first deal. For right now, I'm focusing on pretty much turn-key properties. If I stick with this and spend all of my money allocated for real estate on this first prope...
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A loan made to an individual or a business can be secured by real estate or real property. This is also called real estate lending, or trust deed investing. A trust deed is recorded, putting a lien on the Title to the...
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First-Time Home Buyer: The Complete Playbook for Avoiding Rookie Mistakes is available now!
@Mindy Jensen and @Scott Trench have been buying and selling houses for a collective thirty years. In First-Time Home Buye...
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I found a deal the other day that looked like this:
$100k for 3/2, 1600sf, decent yard, decent location, comps could maybe get to $150-175k, no mortgage - house is paid off.
Whats the problem, right?!
This house n...
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Hi Everyone,
My name is Olivia, I’m a 24 year old college grad (Penn State ‘16) and like most of my classmates I have student loans ($45,000). I am trying to prepare myself to purchase a property for househacking in ...
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I just inspected a property yesterday, and got my first real look at it.
Here is the information:
Asking Price: $15,675
On the Market: 79 Days
Comparable Comps: 25-35K (I believe this to be a little low right now (T...
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Okay since I got into the REI game and realized how much money there is out there I am constantly on the computer comparing deals. And ever since this happen and me passing the state where my matabolism works faster t...
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This is a deal that the BP calculator seems to make work. It would be my first investment property. It is about 1 hour and 15 minutes from where I live.Purchase Price: $139,900Closing Costs: $6,300 (I went with 4....
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We recently moved to Southern CA. I wanted to get an FHA loan, put 5% down and purchase a multi-family in Pasadena, CA. I broke out my spreadsheets and WOW - I can't seem to make any scenario actually work, even to b...