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Hi everyone, my business partner and I have just purchased our first rental property, and are now thinking of the best way to manage the property from a business perspective. We've looked into and are pretty convinced...
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Hello everyone!It's a wild and wooly 2015 so far! There are currently 6 apartment complexes available in my market area, 2 of which are in D or worse areas, 2 are represented by REALTORS specializing in residential tr...
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I live in Texas, and I've heard of the TREC 20-12 but its 9 pages and I've seen a lot of wholesaler's just locking up contracts with a simple but yet effective 1 page Contract, I looked around the web and found these ...
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I am just getting into REI so this may be a very basic question for most of you but I've been struggling to figure out what is more important cap rate or ROI. And is the ROI denominator (investment basis) only the amo...
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I'm asking for a friend here. Here is the quick situation. He is a newbie, got excited and signed a contract on a property from the first wholesale deal he saw. 8 unit in houston. The wholesaler(who I think most o...
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My vote is Equity. What's yours?
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Has anyone used their 401k savings to purchase investment properties or is the penalties and being taxed twice just too much? Thanks in advance.
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I bought a property on land contract. Renovations are going, and there have been some hiccups. I have a 3 year note at 6.5% and a 25 year amortization. We have a monthly payment of $1750/mo and it reduces the princi...
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I'm a first time investor, and I'm looking at a fourplex with the following numbers:- Purchase Price - $175,000 (includes $15,000 in cash back referenced below) - Monthly Rent - $2,125- Monthly Cash Flow - $1,158- Cas...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $454,639
Cash invested: $146,722
Sale price: $808,000
$200K profit!!! we paid RE and closing fees out of this s...