So this morning I get a text from a wholesaler about a property. He is asking $50,500 and I Google the address and surprise surprise, the house is listed on MLS for $45,900. It has been active for about 30 days.It's l...
Someone just told me that their 401k just sits there. It doesn't send them a check every month. Sure, they said, they get a growing amount (as long as the stock market doesn't crash) but when I saw their numbers, it w...
The last property I bought has been about 18 months ago. Due to getting into a bunch of new hobbies/interests which take up a good chunk of my free time, I have been putting my dollars bound for investments into large...
I purchased a property in Dade County in 2013. The property was on the same parcel as another condominium building.The purchase contract stated this in the additional terms-“Seller, as a condition subsequent to closin...
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
Hi BP,I have used my property manager for about 9 months now, so far i've been happy with what they have been doing. I signed a contract with them back then, and every property which I have acquired and managed has b...
Just wondering what people think about this. I mean, technically, a wholesaler is not buying houses, they are making a contract and selling that contract. What do you think?
Blogger Andrew MacDonald, yesterday posted an article on the BiggerPockets Blog that is an absolute MUST READ for anyone considering spending their money on a real estate guru.
The article breaks down both the typica...
I was just wondering what everybody's education or background is? seems that a large percentage of you folks have some type of formal "business" or finance education, or come directly from the world of Real Estate?
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