Please join us today as I talk with Sharad M., of Max Properties LLC. Sharad has been buying and renovating houses for the last 4 years, and in life and in real estate, has acquired a vast amount of insight, wisdom, and success. Please enjoy as we discuss Sharad's ability for him and his wife to decide to live off the lowest of the…Continue
Added by AffordableREI on February 26, 2014 at 9:32am — No Comments
How should you decide how "nice" to improve a rental? Here's how I determine it, using something I call the "Coziness Factor."
Added by AffordableREI on February 23, 2014 at 11:48pm — No Comments
You guys know I feel that banks are a last resort! Well, let me tell you one more story if you haven't gotten the point they are more likely to tell you No, than Yes.
Added by AffordableREI on February 22, 2014 at 1:33am — No Comments
This is a tip that I used when searching for lower priced properties. I use a really good local realtor website rather than the national mls. For some cities, I use these sites exclusively (Baltimore, RIchmond). These sites are easy to find in google, and offer lower priced homes that don't always come up on ZIllow, Realtor.com, etc. And, don't forget to…
Added by AffordableREI on February 18, 2014 at 11:45pm — No Comments
Today I would like to share with the BiggerPockets audience a systematic technique I use to vet low priced/high cash flowing neighborhoods:
The Leveraged Analysis Technique.
This process leverages the available resources so we can find safe Working Class Neighborhoods (WCNs), as well as cut our search time in half by not wading through…
Added by AffordableREI on February 18, 2014 at 3:03am — No Comments
Added by AffordableREI on February 11, 2014 at 11:05pm — No Comments
http://www.biggerpockets.com/renewsbl... It seems that the mainstream discussion about depressed housing seems to have one broad brush strokes on all depressed housing (priced anywhere from 15k-45k), as if every neighborhood in the country has the same characteristics.
And despite the fact that we say the truism…
Added by AffordableREI on February 9, 2014 at 11:31pm — No Comments
http://www.biggerpockets.com/renewsblog Since I am on the ground in working class neighborhoods, I always try to find out the story of how the neighborhood became so distressed with low prices. I always find out that these houses used to be in great neighborhoods 20, 30, 40 years ago - but when the jobs…Continue
Added by AffordableREI on February 9, 2014 at 11:30pm — No Comments
Here is a subject that never gets old: Credit!! I use it in real estate, and I've worked really hard to get out of personal debt, and its something that touches every single one of us. This is a wake up call for new real estate investors, or others looking to get into real estate investing. Getting out of debt involves a level of financial intent and discipline…
Added by AffordableREI on February 8, 2014 at 8:57am — No Comments
Since I am on the ground in working class neighborhoods, I always try to find out the story of how the neighborhood became so distressed with low prices. I always find out that these houses used to be in great neighborhoods 20, 30, 40 years ago - but when the jobs left, the neighborhoods began to reflect that economic decline.
I have some words of caution, and some…
Added by AffordableREI on February 4, 2014 at 9:00pm — No Comments
Here I answer audience questions that were sent to me by the survey everyone is sent when they sign up for the newsletter. Thank you guys for participating!
1) What are ways to source money
2) How To Find The Right Real Estate Agent
3) Ever Find Deals Through Probate?
4) Can you get funding with a 650 credit…
Added by AffordableREI on February 3, 2014 at 4:52am — No Comments