Pretty simple question, that my searches haven't turned up.I understand cash flow, expenses, and the 50% rule. I also understand that people tend to look for a certain number for Cash on Cash return (e.g. 6-10%). What...
I am looking very closely at my first deal on a duplex (owner occupied for 1 year). I have been looking at several duplexes and am trying to make sure I have all my numbers in a row.
What is the best way to ACCURATEL...
Hi all!Detroit is booming right now and this Newbie wants in. My plan is to start flipping homes to build up my cash on hand, then buy and hold for passive income. From research and speaking with current flippers, the...
I've come to the conclusion that using hard money lenders as a backup exit strategy is the way to go for wholesale deals. What a confidence boost. You can look a troubled seller right in the eye and tell them without ...
Hi, I just ran into an unusual situation and was wondering what experience others have. I have had multiple commercial loans over the years, and many now require a fresh set of financial statements, rent rolls, etc. ...
In my area, water providers are allowed to place liens on the property if the bill is unpaid. I've had tenants skip out owing water bills. So, on the most troublesome property I've kept the bill in my name and requi...
This 1850's era 4-unit popped up on MLS one morning last winter for $80k. It wasn't a foreclosure but could have passed for one - vacant for years, no heating system, everything banged up.Within 2 hours of it being li...
How much money does it take to invest in real estate? Is there really such a thing as “no- or low-money down?” After you hear today’s interview, you’ll know the truth! Today we sit down with Shiloh Lundahl, a real est...
Hello! I own a beautiful piece of land in Carson, WA with much potential for short term rentals. The land consists of 9 acres, 1100 feet of creek and two waterfalls, many great trails and even a pedestrian bridge we...
Hello....I'm another noobie. Trying to figure out if my goals and ideas will fit in here. Everything in my life has changed over the last five years due to the diagnosis and treatment of a chronic illness. I have w...