Hello pros. Im a new pro member and I need some advice in order to start to be a real estate investor. I bought a 2 bed 2.5 bath townhouse in 2018 when I was still single and now that I have a growing family with my...
Hi BP,
You know how they ask at the end of each podcast "What do you believe sets apart successful real estate investors from all those who give up, fail, or never get started?" --- well, I have been in the "never g...
I would love to hear an update on everyone's sentiment on the current housing market. In the last few weeks it seems as though the media is turning away from being bullish. The cost of material is up quite a bit from ...
My wife and I just submitted an offer on a house here in Spokane that is being offered as a short sale. This would be our first home. The homeowners have a medical hardship and the bank, Ocwen, owns the first and se...
I put a piece of land under option and went through the whole process of getting quotes for everything for a 36 unit condo project. Below are the numbers I came up with. I have no idea how to make money in developme...
Hi all, I'm looking to purchase a rental in Detroit. It's in the 48238 zipcode, close to the University District and Marygrove College. It's a 3/1, 1400 sq feet and renovated. It's about $35k, all brick, no central A/...
Hello,I would like your help in analyzing the long term investment potential of either A. Holding the rental unit or B. selling it and diversifying my assets.Background: 3 Years ago I decided to hold onto a condo I ow...
I’m currently renting my residence and am splitting rent ($1450) with my girlfriend. As much as I hate to give my money to a land lord and miss out on any equity build up through loan pay down or appreciation, there a...
I have been researching many deals in the MF space but every time I run the numbers, I get Cash-on-Cash returns numbers that just doesn't make any sense. Here's one deal that I would like to get some perspective from...
Trying to wrap up my first flip. I've learned a lot throughout the process. My latest lesson regarding the appraisal. Turned the house into a beauty. But now my asking price is 30k higher than the appraisal! The buyer...