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I don't quite understand how people can many money of flipping houses fast. There is theReal estate agent commissions 6% + Seller concessions 1.5 % + closing cost 1%. There is at least 7.5 % cost to sell a house. Plea...
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I am a one of those inspired newbies sitting here wondering where in the world I should begin. My wife and I are currently living in San Diego, though we have been considering moving to a more new-investor-friendly ma...
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We’ve all seen some behemoth corporations go down in the past decade, from the retail giants like Circuit City all the way to firms like Bear Stearns in the financial crisis. It’s a tough fate for a company regardl...
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Hello BP.
I'm currently saving money to help fund my first investment. I don't plan on investing till about a year down the road just so I can gain more knowledge and get a plan together. In the meantime my wife wi...
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Below is info on the deal. Any advice would be appreciated. Let me know if I missed anything. Thanks!House cost is $125,000 - negotiate to $122,000 (4/2) 1626 sq ft.Taxes = $2,582rentometer states = average rent = ...
I own a property in a nicer part of LA that I property manage myself.
For my next deal, I'm considering a 12 unit in South Central LA and am currently in contract. The deal makes a lot of sense, financially. ...
Hi Guys,
So I have come across a 12 unit apartment complex (6 separate buildings, 2 apts each (2 bedrooms) that Im thinking about buying and holding. They are off the market. and seem to need quite a bit of r...
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good evening everyone I am investor from Brooklyn NY. I invest in Rochester NY and I'm looking to get my second property what do you guys think is my best next move. Invest in the lower income area where there high re...
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Ok guys. Secured my first house to flip. Wife and I are excited but unsure exactly what to do first after owner moves out here in a week or so. Do we have a cleaning crew come of some kind come in and deep clean every...
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I own a small multifamily. I use a 3rd party PM, the property is out of state, and I can't do everything by myself. I track my properties using Excel. I look at leasing trends, expenses, my return and a few other metr...