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If real estate is a stock, it seems based on seasonality buying in winter and selling in spring is the best strategy, There's always a noticeable trend within these two seasons. I can see myself, someone purchased an ...
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I'm purchasing a 2 acre development property from an older lady who has lived there as her primary residence for 20+ years. She wants $1.5M for it which is a fair price. She wants to buy a duplex with part of the proc...
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Hi All,I know several of you here have diversified your housing portfolio with the markets. Though most of my investments are tied up in the housing market, I have about a quarter of it in the stock market. I use both...
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I'm two months into REI and thought I my strategy would be quick flips, rehabs and wholesales. I've never owned a house, have excellent credit (740+), and earn a decent income. At a recent new member orientation at ...
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Hello everyone. My name is Jeff and my wife, 1 year old son, and I moved from McKinney Texas to Lincoln this summer.
I'm so thankful that I was pointed to this community. 6 years ago I undertook a quest to learn i...
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Any ideas on how to finance a $500,000 purchase price and a $200,000 rehab budget?Property is worth at least 1-1.1 million fixed up. This lead came in from my direct mail campaign. I drove for dollars and found this p...
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When responding to a counter-offer from a bank, what is the best response?
1) inch up the price by $500 or $1000... or even $1500.
2) respond with the same price firm
3) "Serious" counter offer, i.e. 5-10k more.
If i...
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I’m new here and not sure if this is the correct place to post this. Please feel free to redirect me to a different section of the site if needed.
I’ve recently been thinking of ways to utilize the market downturn b...
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Merry Christmas BP!!My wife and I just recently closed on our first STR in Destin Florida and are now in the process of getting all of our systems set up. One of the main systems we need feedback on the most is settin...