I have approx 20k in the stock market and am just starting out in RE investing. Historically, the stock market can give a 7% return per year. I think a cash on cash return of 10-13% is typical for real estate investor...
Hello, I have a large house that is fully paid for in a wonderful area. I make enough money to keep things running and get by, but not enough to really set aside to invest in any great quantity.
My wife and I...
Hello!
This is our first post. We're very excited to be here. Neither of us (my husband and I) work in real estate but we've always wanted passive income from "buy and hold" rental properties. We're interested multif...
Hello all,Since the Houston market is ultra-competitive these days, I would like to look outside the city and Beaumont, TX came on my radar. I looked at threads pertaining to the Beaumont, and they seem to have a favo...
Hey guys. I just bought my first house, moved in last month. A couple of weeks ago, we had a very wet weekend and I noticed water stains in the baseboards of my finished basement. No French drains, no sump pumps. I’m ...
I've been trying to get a bank short sale under contract. It's got an ARV around $220, rehab costs around $40. I put an offer in that was about 12% over asking (acceptable for this market), but still left room for p...
Off market 8 unit brick apartment building in Cleveland built in 1920, Manhattan Beach areaPurchase price - $145000Rehab costs - $30000 (cosmetic consisting of windows/paint/flooring/trim/carpentry)(6) 1-1 units under...
Hello Everyone, I have been grinding my wheels for about two months and finally my ship has come in. I met a gentleman who owns property here in St.Louis, he cannot do the management or upkeep his buildings anymore...
Tonight we passed on our first multi-family investment. The numbers look solid but after visiting the site, there are some obvious reasons why this wouldn't make a great "House Hacking" property. My wife is used to ou...
I always seem to run into some escrow agent or another investor/wholesaler that is trying to convince me to use "assignments." I have always preferred double closings.
Here are some of the reasons:
...