4 February 2014 | 7 replies
If that was true we would have every deadbeat putting their property in one.
6 February 2014 | 12 replies
I was just out there this past summer visiting a buddy and checking out an Astros game.
5 February 2014 | 4 replies
We did that... then made a list of our 'true' requirements.
23 October 2014 | 4 replies
So that game has a clock you can't control, not much you can do.
3 February 2014 | 6 replies
Crazy but true.2.)ACV values are deteremined by a claims adjuster.
1 February 2014 | 8 replies
Sounds like you're already ahead of the game.
31 January 2014 | 3 replies
The housing bubble busted him too for speculating.My goal in real estate is to get out of the rat race and become financially free in 15 years.Last but not least, I found bigger pockets googling for a website that I could share my excitement of investing in real estate and learn from the people playing the game I would like to win in.
3 February 2014 | 13 replies
So the name of the game is buying low and turning it fast enough where you are in and then out.
18 July 2018 | 42 replies
deals 7 and 8 had a partner - he found the home, I fixed it up, managed the rehab, he sold it, we split the net profit...these were ok deals we split $20,000 on each deal but they took 5 months and 9 months respectively due to issues with contractors doing shoddy work....so if you figure our profit at an hourly rate these were not barn burners...but hey it's $20,000 I didn't have before, so I am fine with that#8 paid $265K used hard money, spent ZERO on rehab, wholesaled it in 12 days for $360,000, that was a nice one (sad back story on this one, owner of the property was busted for selling drugs and arrested, then deported to Mexico, so wife took over the drug selling biz...then she got popped, in order for me to be able to close on the home, Escrow had to go to the jail to have the wife sign, then hire a mobile notary to drive down to the SD/Mexico border to have the husband sign) death, divorce, drugs, disease....the 4 D's that create real estate opportunities, sad but true#9 paid $205K used hard money, spent $25K on rehab, sold for $300,000#10 paid $90K for 3/2 SFR, used hard money, spent $3500 on rehab, rented out for $800/month, slight negative cashflow currently (-$150/month), market value is $130K now, plan on refinancing into better loan in 3 months, will cashflow $300/month after the refi#11 paid $108K for 3/1 SFR used hard money, spent $3000 on rehab, rented out for $850/month, slight negative cashflow currently (-$190/month, market value is $140,000 now, plan on refi into better loan in 3 months, will cashflow $150-$200 after the refi#12 paid $125,000 for 4/2 SFR used hard money, spent $0 on rehab, house already had a tenant in it paying $900/month, will be raising rent to $1150/month, market value is $160,000, plan on refi into better loan in 3 months, will cashflow approx. $500/month after the refi#13 invested $50,000 with my parents to buy a triplex, for $530,000, property cashflows $1000/month from day one, and value has increased to $650,000--------------------------------in current pipeline/in escrow - thru these deals I've made good friends and I've made my hard money lender some good money, hard money lender let me know he has $5,000,000 +/- sitting in the bank looking for houses to invest in, and he's given me the green light.
12 September 2015 | 13 replies
@J Scott Are you still out of the Atlanta game like you said above?