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Just watched this show with my wife last night. It made me think of the quote the rich get richer but I'm still pretty skeptical. The show basically went as follows:If you have 300k cash to spare go buy a foreclosure/...
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I have always had carpet in my rentals but I’ve been hearing more praise for putting in hard floors for less expense during rental turnover. When I called in a couple of flooring guys for estimates, one recommended vi...
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So we've got an accepted offer and have fulfilled all conditions. Had a bit of trouble with financing due to the type of foundation but that has now been resolved. But last night, just before our deadline, I wrote to ...
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I graduate from college on May 2nd this year with a degree in finance from Michigan Tech. 3 weeks later I started my first job as a program manager for an engineering company in the maritime industry. 3 weeks after th...
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Hi All,I'm still debating investing in my home market of the Bay Area, CA, or doing a STR in Maui. Despite preferring to invest locally, I originally ruled out the Bay Area simply because I didn't think I could get so...
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I haven't posted much on this forum, but have been lurking for a little over half a year. I thought it was time to bring up some of my thoughts/experiences with college SFH rentals.
I am a very novice REI and current...
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Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...
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A mature couple of Indian extraction have applied for one of my units. I am working on the application at present and have not finished processing it. They are first generation immigrants from India and it is clear th...
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So, let's say you have an amount of money sufficient that you can buy a nice diversified portfolio of tax liens in a handful of states (live and online bidding Counties). What do you think the return potential would ...
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Okay, I'm tired of hearing how easy it is to BRRRR. And the numbers people (eh hem, Brandon) are not realistic IMHO. One example Brandon gives is $200k purchase, $40K fix, $10k soft costs, $350K ARV. First off, fi...