I went into a deal with someone we'll call Rob. The deal was simple: Rob purchases the house, and I pay for all work that needs to be done. The house was purchased for about $150,000. The house needed what I would con...
When it comes to real estate investing, one strategy stands out for its ability to build wealth while significantly reducing your personal living expenses: house hacking with multifamily properties. If you’ve ever won...
Hello everyone,My name is Derek Sharrard and I am from Bay City, Michigan. I recently just closed on my first Investment Property (Buy and Hold) and wanted to discuss it with other people who are starting out. Hopeful...
Unfortunately I have no experience and limited knowledge in this field so if you looking for me to explain I am sorry. While listening to the bigger pockets podcast on my drives to and from work, I realized I jumped i...
Hello fellow investors,There are expenses that come with single-family rentals. What are some estimates you use to determine your net rent after expenses?I live in Sacramento. So far, my expenses include the followi...
I want to buy a property using seller financing. I need to draw up all of the paperwork & make the offer to the seller @ a price of 40k w. 5k down & terms of X per month for 84 mo's. My problem is that my la...
Yesterday I signed the paperwork on a 25 year lease with option to buy. The option amount is for balance owed on the sellers current mortgage loan at the time option is exercised. I'm making payments directly to the b...
If i am selling a house every month or two should I be negotiating a discounted commission? I'm having to pay up for deals on the front end so it seems like the realtors are making as much as me on flips. I dont thi...
When I first started learning about this stuff, I read many blogs that said cash flow first, everything else is a bonus. That has been a good safety net and has helped make me FI. However, that said I've also noticed...
Hey all, I am about to put my house up for as a short term rental but I am still living in it, however I would like to get pictures up.Can anyone recommend a website that I could potentially stage furniture with exist...