Jonathan W.
Why do so many new people want to wholesale?
Why do so many new people want to wholesale to get started in real estate? Is it because all the guru's talk about it making it seem great. To me, it looks like it sucks. I would rater get a 2nd job at a good rate to ...
Benjamin Blackburn
How much % of rent goes towards expenses?
Hello everyone,I feel like I should've been able to find the answer to this question by looking through the forums but for some reason I cannot find it. So forgive me if it was right under my nose. So, when calculati...
Steven Groshong
No Applications, Rental Property
Hi all,
I recently made the jump to being a landlord and I'm having some trouble getting off the ground with tenants.As of today, the house has been on the market for 43 days and I've reduced the rent from 2800 to 25...
Raeshelle C.
Best way to start out investing with $10K?
How would you invest in your first rental property if you had $10K? I am going to get a personal loan so that I can get started. I want to buy and hold. I live in MA. I could house-hack first and do it through FHA and...
Arthur Fuller II
Banks offering HELOC in Los Angeles
Is anyone working with a "local" bank in Los Angeles that offer a HELOC?
Huan Yang
16 unit multi family in Waco Texas
So this deal is as such:
545k, plus 19k to the wholesaler.
14 units of efficiencies, 2 units of two beds.
2015 gross was 101k, plus 4K from laundry coin machines.
NOI was 61k, landlord pays all utilities for the effic...
Devine Fletcher
Rising interest rates
Hello all, I’m working on purchasing my first rental and wanted to know what interest rates others were possibly getting during this time in the market. Don’t really feel mine is being justified at 4.75%. It is my fir...
Gabrielle Simmons
Palm Springs CA market
Hello all, my friend inherited a home in California that she needs to part with but doesn't want to sell on market. I'm not into wholesaling so I'm just seeking advice as far as the numbers go to help get it sold for ...
Will Barnard
Ready for 7 digit success stories?
I contracted to purchase an REO in December of 2010, skipping all the long and boring details, I finally just received word that the deal is accepted and I am now in escrow. I will not post any of the real numbers her...
Ronald Perich
Being a licensed agent means the law doesn't apply to you?
Let me preface by saying I have a genuine interest in the answer and I'm not trying to stir up the passions more. I'm really just trying to understand where my logic is faulty.Here's the scenario.The big thread right ...