I'm a first time owner of an investment property. Challenge is that I did not figure in a senior tax exemption as well as homeowner exemption, which made the taxes look deceptively lower.
As it is, with the downturn...
I am drafting in a new part to my lease to include an inspection, since I have heard from the podcasts that it is really a good way to make sure your units are kept in great shape. I was thinking of wording it as some...
Just heard Grant Cardone (Cardone Capital) is suspending distributions to investors for April, May and June. Not surprised. REIT sector is getting decimated. Lots of margin calls and dividend cuts and suspensions ...
Question for all of the real estate veterans on here who have weathered the good, bad and ugly.
What do you know now that you wish you knew when you were beginning your journey?
I've searched the forums, but most p...
Just finished renovating a SFH intended to be used as student housing. Found a group of 5 students interested in signing a lease quite quickly. Some of the parents are asking if the students would be allowed to back o...
I know this topic is well-discussed, however I'm having some trouble understanding the whole deposit thing.
I found a good deal where the seller wants me to pay 5k deposit and 35k after attorney review with no inspect...
Hello everyone, this is my first post. I am serving in the Armed Forces and currently in the Georgia/Alabama part of the country. I am 23, married, and have no kids. Financially I have little debt to income ratio, ...
So I have been trying to get into real estate investing and have decided to take the dive, I have researched and read various books however its one thing to read something and another to have experience. Thats why ...
Am I missing any steps?
1. Find a motivated seller, with deal potential.
2. Determine ARV and REHAB COSTS at meeting.
e.g. ARV: $150,000 REHAB: $25,000
3. Negotiate a deal.
$150,000 x .7= 105,000 - $25000...
So I get questions from people from time to time asking me about how they can invest in real estate? I live in CA and so do most of my friends that ask me about this and I'm not sure what to tell them.
I bou...