The really invaluable part of this experience has been education. I and my wife who was a designer of the project have learned a lot. We certainly made mistakes along the way, however understanding what went wrong pro...
I’ve been wanting to start one of these from the start and just haven’t had a minute between my job and getting this deal done. The property is an 11 unit converted motel in Livermore, ME. Each unit is 1 Bedroom/1 Bat...
Hey Real estate champions, what option sounds best to you, if the intention is to get best return on real estate investment, good cashflow, cash on cash, less vacancy, low maintenance, least hassle, and expect prop...
I need to create an LLC for financing as well as liability reasons. This thread isn't about the pros and cons of forming an LLC.Rather, my question is:Should I hire an attorney to do it "right", or is it good enough f...
I have just decided to get into real estate investing . I am a retired engineer, 37 years at Boeing. I thought that acting as a private lender would be a good place to start. I have high six figures in saving current...
Hi All,
Closed my 1st deal from the the 1st 1,000 mailers I sent out to absentee owners mid May.
The 2nd mailer (1,000YL's) produced less than 12 calls and my last mailer produced 3 hang ups and a not s...
Hello,
Is the 20% down payment guideline a fixed rule across the industry? Or, is it possible to get a mortgage on rental property for a smaller percentage down payment? (maybe 5-10%, or even *gasp* no money ...
Hey guys,About to get our 1st STR listed, and we are 4 hrs away. I am wondering if anyone uses Evolve management, and would love your thoughts. I wondering if it's worth the 10% to save me the hassle of managing myse...
I recently put a property under contract that was on a 1+ acre lot. I had a meeting with the country and they said that it appears that I am able to subdivide the lot into 3 lots - keep the existing house on one and c...