26 April 2019 | 2 replies
So really right in line with historical stock market returns.The beauty of real estate is the it is 1) much easier to buy advantageously (get a good deal) than with stocks--at least for the average person, 2) you can also buy, even without leverage, properties that out perform the stock market, and 3) you can safely leverage 70% to 95% without much difficulty, making your money work much harder for you.
4 May 2019 | 6 replies
This is extremely safe for them because you are cross collateralizing to secure a 40k loan (in this example) with over 100k of equity.
6 May 2019 | 8 replies
I taught in CPS for six years while developing a small portfolio with my wife...working hard to expand it right now.
26 April 2019 | 2 replies
The home sits on a lot that is owner financed by the person who developed the neighborhood.
26 April 2019 | 0 replies
Investment Info:
Other buy & hold investment.
Purchase price: $100,000
Cash invested: $101,650
2 bed/ 2 bath condo, just under 900 sq ft. Updated granite kitchen, water view, nice size lanai.
...
14 January 2020 | 14 replies
You can secure it somewhere safe on the building and change the codes as necessary.
26 April 2019 | 0 replies
Safe to say that we’re all here (On BP) for the same reason - to create a better financial future for ourselves and families.
13 May 2019 | 14 replies
I work with AvenueWest Managed Corporate Housing and we do property management for 30%, and we connect your property with our corporate accounts that we have developed over 20 years.
3 May 2019 | 22 replies
@Cameron Riley I developed a software for myself and use it to manage my properties.
28 April 2019 | 28 replies
well what I would do is tell the seller the house needs 45k.. and since he holds the first you are improving his collateral therefore its safe for him to take a smaller down payment.Maybe offer to escrow the rehab funds so that if you say your going to rehab but don't he can go in and grab his 25k that is not coming to him in the form of down paymentlet him be in control of that 25k in some manner.. that may work.Its just like when I tie up development ground if I have a very cautious seller..