12 Solid Rules of Real Estate Investing
1. Real estate is a long term investment
2. Cash flow, cash flow, cash flow
3. Do not let your emotions get in the way
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I am happy to report that today I closed on a 240 unit apartment complex in Atlanta, GA that I bought for $9.4 million and it appraised for $9.9 million. Capital raise was $3 million and my investors are super excited!!
I was in the process of talking to different folks to build my team prior to seriously considering a off-market 6 million deal in Fortworth/Arlington Texas area.
I called this tax attorney, who scared the heck out of...
This fall I will be starting my final year of college and plan on graduating with an engineering degree. Over the last year and a half I have become very interested in real estate investing, particularly rental proper...
I have done tax prep for 7 years and the rentals are always a low value, high input tax return. The client thinks bringing in a wad of receipts is legit and you're stuck categorizing everything in excel while thinking...
I own and manage 6 units with $100K in gross rents, all cash-flowing in the Bay Area, while working an "officially" full-time job. Bought the last directly through listing agent, and in contract on 2 duplexes right...
http://archives.chicagotribune.com/2009/jul/06/local/chi-landlord-dead-6jul06
With such a high demand for affordable housing in California, Oregon, and other states, has anyone tried developing a manufactured home park or anything similar? What are the challenges with getting it approved? Is it...
First investment property (Texas), currently accepting applications. We aren’t using a realtor, I have a marketing background and have been able to drum up enough interest without one. If an applicant is using a real...
Is there a filter or reporting system to remove spammers in forums?I'm noticing real estate agents and some others are spamming every post and it's really ruining the the quality of the discussion. Every question or d...