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*warning. extreme rookie question, take it easy on me*I understand that if a property doesn't have positive cash flow, there is no way you could create passive income no matter how many properties you have. Is it stil...
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Hey there everybody I am hoping some of you can help me out with your knowledge. I have been saving up money to invest into a property with my uncle who buys and flips condos and houses. We are at a disagreement that ...
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Hey BP,I have a question about how seasoned investors estimate appreciation in a neighborhood. I am looking at an area in Southern ATL that is going to have a movie studio built at a shutdown army base. I know this is...
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Looking for tips on building a team for flipping homes from a distance. Would appreciate to hear from others that have built flipping businesses at a distance. Thank you.
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I have a few questions in preparation for my first flip...1. I am hiring a handyman to do some things that the State requires a contractor to do. For example, I can get a handyman to replace a toilet for a fraction of...
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I'm looking at a deal here. It's a 3 unit, one of them is gutted, the other 2 are ok. It's a C building for sure, but in a decent area. It could be quite nice with some effort, and it already has cash flow from the re...
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Re: $380,000
·$195,000 for acquisition
·$185,000 for repairs
·Seller willing to hold 25% of total in 2nd position
·Buyer puts 1st year of mortgage payments and taxes in esc...
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I am a buy/hold investor and was curious what people's take is on this.
I use a broker to find MLS related deals. He is a new broker and very hungry and willing to walk me into as many doors as I want. I tr...
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Hey Guys!So i was using an excel spreadsheet to analyze a property that I may purchase this Fall. However, I noticed there was a cell labeled "depreciation" which always comes out as a loss. I tried to research what t...
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Hello All,I hope this post finds everyone well and ready for this upcoming Fall! I'm just getting started on my investing journey and I was discussing this HELOC as an option to getting started. What are the pros and ...