Hello everyone! I'm a North Jersey-based real estate investor and have been acquiring two-family properties over the past four years, achieving 20%+ IRRs. I've also completed value-add renovations and have been managing the properties myself. (buy & hold) Lately, I've been seeing more price cuts ...
How do I finance a deal on the property that I’m trying to purchase from auction.com with auction.com won’t give access to the property for an appraisal? Is this possible to get done?
I've been a landlord for almost 20 years and want to move onto other things.
I have a property for sale that used to be my residence. I am now an out of state owner. With the current market it proving to be more difficult to sell than I anticipated. What can I do to get a good deal and sell my unit?
And now for a reality check about wholesaling. Most experienced wholesalers spend about $2200 per closed deal, and average an occasional deal if at all. Most wholesalers have a life cycle of about 6 months before they move onto something else. Wholesaling doesn't allow you to represent the seller...
im 17, a inspiring real estate investor. Problem is I have no where to start, I need to know how to find and analysis a property and I need to how much I need to pay to learn or to access certain calculatlors or etc. And what people suggest me do now, besides gain capital of course.
I seem to have found myself in a bind and looking for advice on how to connect with international investors to sell a house in Tulum relatively quickly. It's a beautiful brand new house and we built it originally to vacation/retire there. We later found a different, local property that we liked b...
I have about 80k in equity in a condo and wondered if it is enough to get started on a flip. I would need to sell my current home and rent for the time being but I would have 70k cash.
I've noticed that everybody in real estate wants a bargain. We want to buy below market value and sell above it. Preferably to someone who hasn't figured out what the property is worth. Unfortunately, the other guy has exactly the same idea. And somehow, we're both convinced we deserve to win. In...
A seller concession is simply an agreement for the seller to contribute a set amount toward the buyer's closing costs or prepaid items. It becomes part of the contract terms, just like price, closing date, and earnest money, and it must be disclosed to the lender. Concessions are common because t...
Louisville agent here, mostly investors. Our MLS has about 4,700 homes for sale right now. When I got licensed in 2013 it was somewhere around 1,800 to 2,200 on any given day. So the question I get most this fall is some version of: "That house has been sitting forever. How low can I go?" I asked...
I have made some poor investment. I invested too much money in a start up that never amounted to anything. I even made the mistake of putting some on credit cards. I have a great cash flowing rental house. PIMI is about $1000 and it rents for $2000+. I’m in a situation where I need cash to take c...
I am looking in both the Seattle and Chicago areas for my next investment property. I'm trying to pick a single asset class that will bring the best long-term returns. I am buying in A-class areas that I will live in for a few years then convert the property to a rental and repeat. I plan to hold...
On long term rentals how much are you actually setting aside for capex each month, a flat number or % of rent? I see some people use 5% and others 10% and thats a big difference on a thin deal. We own a few ourselves and on the older houses with 20 year old roofs and AC units, I feel like 5% is w...
Good Afternoon, I Am New To Real estate Investing. I Am Currently Deep Into Learning And Reading Some Of Brandon Turners Books About rental Property Investing And One Question I Had. I Am 26 Yrs Old My Wife And I Just Puchased Our First Home For Ourselves And Got Out Of The Apparment complex. And...
I noticed the best deals of course are on the crappy houses that no one wants that need close to full restoration to sell and make a profit but if you are an average joe working alone, no connections (plumbers, construction crew, painters, etc, etc) is it even advisable. I been in the used car bu...
Some people buy off the MLS, offer full price and expect to make a profit, when they eventually sell. I look at it slightly differently. The added cost of sales both directions plays a role. I contend that a seller can reduce their sales price by 5% or 6% or about $18,000 on a $300,000 sale if no...
Hi all I am a relatively new investor and I just recently bought my 3rd rental property which is a triplex. I have 6 units now total (1 single family, 1 duplex and 1 triplex). overall everything is going okay, nothing catastrophic but I do have 1 tenant not paying rent so I will have to evict. Th...
Good day everyone. Hoping all is well. I am looking to purchase property in Merced, CA. I humbly ask that someone would generously take their valuable time to teach me everything I need to know about this area? My plan is to buy property near UC Merced. Use this property for shared space or co li...
One of the most confusing moments in a transaction is when a home sells for one price, but the appraisal comes in at another. It can feel frustrating, but the two numbers are answering different questions, and understanding that difference helps everyone stay calm and make better decisions. Appra...
At a cross road in our life. We live off my husband’s income and have been saving my income from being a real estate agent. Investing wise, we have bought 1 foreclosure property & plan to flip it by the EOY. Other than that, we’re stuck on the idea of paying off debt verses buying our first 1 or ...
Hi BP Have a 10 unit apartment in Tennessee worth $800k with mortgage of $380k. Original mortgage holder note prohibits refi without prepayment penalty for four more years. How can I tap equity for additional purchases? Thanks for input
From Hopkinsville, Kentucky to the Real Estate Rookie podcast. 🎙️ I had the honor of sitting down with Tony Robinson and Ashley Kehr to share my journey — starting small, learning through mistakes, building relationships, and growing ASC Real Estate Solutions one deal at a time. If you're just ge...
Here is a Subject To that I did that gives you an idea of how things work in real life. I did my marketing, I bought it "off-market" from a guy who was 94 and it was time for him to go live with his daughter. Anyone can learn how to do these correctly He saved over $15,000 not needing a real esta...
What if the property everyone else rejects is worth a second look? Two investors walk through the same property. They see the same asking price, the same condition, and the same seller. One walks away, convinced the numbers don't work. The other starts asking questions. What's the difference? Som...