Raeshelle C.
Best way to start out investing with $10K?
How would you invest in your first rental property if you had $10K? I am going to get a personal loan so that I can get started. I want to buy and hold. I live in MA. I could house-hack first and do it through FHA and...
Tony Castronovo
Being taken advantage of by my property manager
So I recently ended a very bad relationship with a property manager (large company) on the 11th of last month. I've been waiting for everything to clear on my ledger to get my final distribution. Earlier this week I...
Shan Vincent
Selling Property in CA moving equity to another state? Yes or No
We own income properties in Southern CA. We have a condo that only cash flows about $300 per month. It has about 500k in equity. I'm trying to decide if we should sell it and move the money out of state to make a b...
Joshua Berube
building a fourplex as my first deal. trial by fire.
Well, as the title says I am going to try an build a fourplex. And its my first deal. This will be my diary. Come hell or high water, you will have a front row seat.Before we get into the deal, understand that I am go...
Derrick U.
Cash on cash return of 4% is ok?
I'm looking at a few properties in Phoenix. Can't seem to find anything that yields greater than 4-5 percent return. Would you be ok with that return? Assume down payment is 25%-30%.
Trevis Kelley
Debt, no money, decent income - how to start
Warning - this may be a long post - I will try to section it off. I have an on/off relationship with RE as I've always been drawn to it and always screwed it up - and then listened to those in my life who told me tha...
Nathan Arceneaux
How to build a RE portfolio while managing a full time job
Hi Guys,I work in Corporate America, typically about 40-50 hours per week plus travel at times. At home we have two small kids. We have little time to invest in real estate, but have managed to build a decent portf...
Account Closed
Detroit Bankrupt
My dad just sent me this link.
http://theextinctionprotocol.wordpress.com/2013/07/18/motor-city-goes-bust-largest-ever-municipal-bankruptcy-in-u-s-history/
What do you all think about the REI market in Detroit after...
Tanya Solomon
How to navigate REO buying hell. Currently stuck and do not know what the hold up is.
I think I am involved in a crazy REO transaction. I get that they can take a while. I get that the ppl managing the property and the transaction are not in this business and do not care. I get that I am a "pimple on a...
Sunny Burns
Tenant wants Vanity Upgrade - Should I go in 50/50?
So my tenant has been asking about upgrading the vanity in her unit. The current Vanity is a small 24" vanity, it's not in bad shape, but I agreed a 30" vanity would be nicer in that space. So far I've told her I migh...