I wanted to get some opinions on this. I am tired throwing money away in rent out here in the bay area (~$2400/month for 1b/1b). I realized its all money lost and even if I found a good cash flow property out-of-state...
I'm setting a goal to have 10k/ month in passive (doesn't have to be truly passive i'm ok managing the properties myself) income by November 2016. I have 500k liquid to work with. Real Estate/personal background info....
Hello Everyone, My wife and I are purchasing our first investment property (4-plex) that has a few minor repairs that are needed. However, due to us not having great funds to start out we need to do a 3.5% FHA lo...
I never heard of wholesaling before I started reading this forum a few weeks ago.
Please make this simple for me because I don't understand the intense real-estate jargon!
So a wholesaler is an unlicensed "middlem...
I thought there was already a thread about funny/humorous real estate definitions here on BP, but unless Steve can find the link, I'm guessing I read something similar elsewhere.
So let's start one here. I'll kick i...
Hello, my name is Jacob Hodge and I am 19 years old. I started a construction business with my father at 16 (after leaving highschool because it wasn't for me and graduating online). For the first year we renovated ho...
I saw an ad on Craigslist for a cheap home in a war zone (or pretty close) area of Kansas City advertising "rent it for 15 years and you own it." Naturally this is essentially the same thing as owner financing--just ...
Well lets say I'm learning by the fire here on renting. Long story short I rented to what seemed like the perfect couple 6 months ago after going through lots of scary people. The guy checked out, girl had no job so...
So, I have been working on my business plan and I am stuck with many questions. First, my plan is aimed at apartment complex's containing 15 to 50 units that need very little rehabilitation. With so much variability, ...
I am buying home from wife's grandmother in Maine. It apraised for $411,000 she is asking $375,000. She wants to seller finance us but the IRS still makes her charge 2% for a 20yr loan. Are there any workarounds? Coul...