I was hoping some sharp minds here could give me some ideas in my situation.I own a vacant city lot in my city, it's right across the alley from my home. I inherited it over 20 years ago and it's basically a liabilit...
I'm about to close on my first out of state rental property in Akron, Ohio and I figured this was a good time to poll the forum for advice. Everything looks good so far but I have a couple questions that I'm sure coul...
Hello, my name is Kyle and I'm from the St. Paul area in Minnesota. I have been interested in real estate for several years now (currently 27 years of age) and have been trying to learn as much as possible and gain so...
Hi everyone, this may sound like a silly question but Brandon Turner has mentioned several times in his webinars on analyzing rental properties, that his goal is to at least profit $100 cash flow per unit (and 12% ROI...
So I bought my first flip in March and contractor was a nightmare. Got it all finished under budget after 4 months and got a buyer but the buyer is using an FHA loan. So, they required that I fix a few things then the...
I am concerned that the house flipping market may be saturated. There’s a business principle that says the longer a product or service is on the market the less profitable it becomes. Look at the airline industry or...
Hello Just wondering what your guys average cash flow was on your single family homes? Your true cashflow monthly after all payments taxes and insurance? And what do you feel is a good monthly flow 300? 400? or high...
Hi All,I have a couple of properties free and clear that I would like to do a cash out refinance on. The problem is that I did a "Short Pay" similar to a Short Sale but no deed transfer, and as a result I can qualify...
I want to focus this post on issues that have cost me money that were avoidable.#1 Fires, I have lost three homes to fires. Two were caused by humans. I should have insured the homes, sold them, or done something to m...
Hard money lending seems to be popular in my area and every lender that does it just raves about it. I would like to know what the drawbacks are and things to look out for from the lenders perspective? Aside from ha...