I bought a lot of land a couple years ago. Then secured a construction loan for a SFH to be rented out. Construction started, but between the lockdowns and a hurricane last year, it took too long and the lender bail...
Wanted to see what the experiences have been with investors here who have picked up vacation rentals. Searching the archives didn't net a whole lot of results.
If you got into vacation rentals was it for the cash fl...
We're a property management company and a new client wanted to rent her current home and buy a new home. She did not qualify for the new loan without using the rent of the old house as income. Lender told her to get...
Starting a house flipping business is exciting, but it can also be overwhelming. With so much to learn, and so many decisions to make, no one flips their first house without encountering at least a few hiccups along t...
Hello, I dont have any problems with finding deals, the problem comes when I talk to sellers over the phone I dont want to lie to them saying I have buyers when I don't, since I want to have more credibility I'd like ...
I'm curious as to the success rate of everyone's direct mail campaigns. Do you use postcards or letters?How many do you send per month?How many times are you hitting your list?What is your response rate?How many deals...
I'm new to investing and currently analyzing 3-5 unit properties, in search of my first deal. My plan to this point has been to find a property in a B-class neighborhood in Philadelphia, PA. The other day I spoke with...
No one accomplishes anything alone! YOU NEED A TEAM!!! The Mentor, The Realtor, The Accountant, Contractor, The Property Manager, and Investor! Who are you missing on the team? Did I forget to add someone? How did you...
My CPA is coming on Saturday to discuss this but I like and value different opinions in particular from other experienced professionals.I have set up a self directed real estate IRA and will fund it with $100,000. I w...
Hello, I am super interested in wholesale real estate and need to get started. Looking to see if there's anyone out there that have experience and are willing to mentor me, give me do's and dont's, have proper legal p...