TL;DR: I want to offer on a few properties but the number that works for is well be low asking price. Like 30% lower than asking. Other than the risk of rejection is there any down side to offering? My market is prett...
King County, WA. 550K purchase price. Only comp available as well as brokers report shows one similar four unit selling for 50K less. Tenants seem decent but low end. Deal seems to cash flow less and less the more I l...
After reading "deals on wheels" and "mobile home wealth" I was determined to scour all the local parks to find single wides with $5000 asking prices, and negotiate them down to a $2000 cash sale.
However, my experie...
I AM NOT ASKING FOR ADVICE ON HOW TO DO ANYTHING ILLEGAL! Lol.I used to know someone whose dad owned a real estate investment firm that had 5.5 billion of assets.They told me that there is a lot of money laundering th...
More tax news out of Washington. The administration announced doubling the size of the IRS over ten years. This reverses the trend during the last administration of reducing IRS staff and scaling back the number of au...
Hello everyone. I'm new to the forum and have enjoyed reading everyone's posts on the subject.
I'm wanting to get started getting my feet wet and REI and have about 40k in cash that I can spare to invest. Rece...
So my brother/partner, @Chris Levarek, and I often get asked how can someone get into large multifamily investing?
They love the better economies of scale, they love the tax benefits, they love the idea of not havin...
Have you partnered up with someone on a real estate deal, where it got really ugly for one reason or another? Do you have a partnership horror story?
If so, please share it so we can all learn how to protect ourselv...
My apologies for how long this post is, it's almost a full on financial advise session than a single question, just want to get some guidance as the main centerpiece to my situation is a house and renting.Here's a qu...
Hello,
I am a senior in college finishing up my last semester. In July I am starting my career in investment banking in Chicago.
During this downtime I have invested nearly all of my time into learning about real es...