Eric made a life-changing decision… He decided it was time to start creating passive income with Houston investment property. While working full time in accounting, Eric used his free time to self-educate, participate in online forums, attend events, and talk to other investors. Once he announced his real estate investing plan to friends and family,…
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As an entrepreneur at heart, Lavonne always looks for the next opportunity. After learning about her colleague’s Chicago investment property experiences, she knew she wanted to get started. Lavonne wasn’t deterred by the unknown. As a calculated risk-taker, she excitedly navigated the uncharted territory. Lavonne soaked up real estate investing knowledge like a sponge, and…
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As an investor, you are probably familiar with the 70% rule. The rule says that investors should pay 70% of the ARV minus repairs for an investment property. The percentage can change from market to market, but one thing doesn’t change — the formula’s reliance on accurate after-repair-value and estimated repair costs. The formula only…
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Driven by his desire to work and raise his family from home, Chris and his wife have jumped in to real estate investing. They work full-time jobs and spend an extra 15-20 hours a week building their Houston investment property portfolio. Chris uses his time wisely. During his two hour commute every day, he listens…
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Pierre has experienced the ups and downs of real estate investing. One week he profited $36K on a deal, and the next he had thousands of dollars worth of appliances stolen from a house he was showing to potential renters. Pierre is the to first admit that he learned a lot from making mistakes, which…
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DeJuan recently purchased his first property from MyHouseDeals, but he is far from a newbie. He’s coming out of a long break from real estate investing more determined than ever to build wealth with Chicago investment properties. DeJuan takes advantage of his existing connections and relationships which makes vetting a property, identifying comps for a…
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Eric made a life-changing decision… He decided it was time to start creating passive income with Houston investment property. While working full time in accounting, Eric used his free time to self-educate, participate in online forums, attend events, and talk to other investors. Once he announced his real estate investing plan to friends and family,…
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There are two primary strategies for real estate investors: flipping houses and rental properties. As a newer investor, or someone interested in investing, you may have questions regarding what exactly is involved in flipping a property. Here is our complete introductory guide to flipping houses for a substantial profit! What is house flipping? House flipping involves…
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Are you afraid to overbid on investment properties? This detailed article explains how investors calculate the quality of the investment they make in a property, which helps determine what they can pay. We will begin with rental properties, and then flip properties. Evaluating a Rental Property There are two main ways of calculating the quality…
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With a long standing interest in real estate investing and a desire to grow his net worth, David took the plunge to become an investor and he hasn’t looked back. To get started, he joined local real estate clubs and attended seminars. David has been now been an active investor for about a year. He…
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