I am very curious as to what profit margin other rehabbers are looking for and how they calculate it. I will go ahead and bare my own strategy:
This is assuming the purchase price of the home is between $80k-150k......
If you had $1M, how would you invest it?Need Money to Live OnI think I would become a hard money lender. I could loan my money out at 12% interest and 3 Origination Points. In theory most HMLs are 6 month terms so i...
Hi there,
I have a two story four bedroom unit that I am renting to a group of college students. One of the fathers has asked if I could provide fire extinguishers on each floor and a fire escape ladder since all of...
Ok, so first of all...The Two Types of Full-Time Real Estate Investors
Generally speaking, there are two types of full-time real estate investors: the passive investor and the active investor. A passive investor i...
I purchased and rehabbed a 4 plex in Beaverton OR in June of 2014 and now I'm unsure as to what my next steps should be. I have approximately $350k or so of equity in the property from the BPO that my agent provided m...
I'm starting a direct mail campaign in the next week or so and I want to have as many options as possible to close deals. First goal will be creative financing (sub to, owner financing, lease option etc) but I also ...
I’m looking to invest in real estate. And I often hear from “gurus” that you do not need any more or great credit. However, I feel like there is something they are not telling us. Maybe they are just trying to pocket...
I compiled a bunch of excerpts for my blog, was wondering if there were any reactions
How much does your traditional real estate agent make?
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I work in three zip codes (53202, 53211, and the expensive part of 53212). I can not find any deals. Sellers and banks have crawled under rocks. I am looking through my files from the last few years cold calling al...
Well, I’ve lurked long enough. Time to introduce myself! My name is Richard Le and I’m from Seattle, Washington. I work in IT as a systems analyst. My passions are travel, personal finance, and health/wellness. I own ...