Thanks for the warm welcome. I was literally practicing the art of the basic 2% rule using gross rents and sales prices. I've yet to find a deal meeting the parameter by following "asking price," but it's good "math"...
Hello All,I just put down an offer on a home for $15000. Asking was $30,000. I spoke to the bank representative before and he said the best he could do was above $20k. So I waited and asked again today and am putting ...
I'm exploring becoming a hard money lender but I'm trying to figure out what I need to do. I think I can make 5 loans without getting a license.... But if I go over that I think I do but it looks I will need 3 years m...
Investment Info:
Other buy & hold investment.
Purchase price: $400,000
Cash invested: $400,000
This is an 8 Acre RV Park that we are completely redoing and making it a destination to go to when c...
Hello everyone,
Let me say that I am absolutely NEW in the real estate industry. With that said I've decided to venture into real estate wholesaling as a start to build some income. My question is should I get a DBA...
Kiavi is apparently the new company LendingHome has rebranded to. Has anyone had any experience with either? I'm looking to get some cash out refis on a couple of properties I own. Local credit unions for some reas...
Hi Everyone, I own10 properties right now and wanted to get an umbrella insurance. GEICO and Allstate said they can't offer umbrella insurance for me due to the number of units I have. Can someone recommend an insuran...
Was contacted by Travelers Haven today, a corporate housing/short-term rental agency. There's a traveling medical professional who's interested in my rental, so a rep called to get more information.The rep explained ...
Good afternoon,
I am in the process of dipping my toes into the real estate investing scene. I have run a couple deal reports, and have not been able to find anything that would cash flow decently. My main question i...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Miami.
Purchase price: $389,000
Cash invested: $120,000
Sale price: $710,000
Investment Highlights:
- Located in a fas...