I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
Hello everyone. Going to get right to the point here...I'm 17 years old, will be a senior in highschool this year, and college is creeping up fast. There's no doubt REI is the path I am taking and several seasoned inv...
I own a single family rental in Kentucky and the tenants submitted a move out notice last month for when their lease ends on Feb 28. They were not responsive to the property manager’s requests for showings and when qu...
How can I find Private Lenders that are willing to invest? It's more difficult than I anticipated
New to investing buy & hold and in the East Texas area. Looking to connect with others about everything I don’t know (which is basically everything).
Anyone in the East Texas area out there?
noob here.....Can someone explain the 50% rule, 2.5% rule.....I can't seem to find a definition for it.
Thanks.
Jim
Hell on EarthA Story About the World’s Worst Real Estate Flip.As I sit down at my desk to write this story, I actually don’t know the outcome of this home flip. What I do know, is that whether I lost money, broke eve...
Hello,So one thing to get out of the way from the start: the purpose of this post is NOT to debate whether or not there will be a softening in the Denver market. There are plenty of other posts on whether Denver is in...
Investment Info:
Single-family residence fix & flip investment in Sacramento.
Purchase price: $350,000
Cash invested: $50,000
Sale price: $415,000
It was the worst first flip because we hi...
I have recently read a post that mentioned high cap rates can be risky?I am new to investing and up until the other day, I believed that the higher the cap, the better the income. What are the pros and cons of this? I...