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  1. scine

    Financing and owning many properties

    REAL ESTATE 
    Oh I see. So when you go to sell a place, you offer to carry the contract instead of just outright selling it through a bank or what have you?
  2. scine

    Financing and owning many properties

    REAL ESTATE 
    I'm of the notion that there's no such thing as a stupid question; So I have a stupid question. What does "sell on a note" mean? Thanks in advance!
  3. scine

    Financing and owning many properties

    REAL ESTATE 
    Honestly, I didn't think about a mobile home on property. I always thought that it wouldn't work because people would think it was "cheap" or "beneath them". But I will take a peek and see what's out there. Thanks for the tip! I'm also going to do some searching around for owner financing to...
  4. scine

    Fired The Boss!

    REAL ESTATE 
    I've got to admit, I'm jealous. :) I'm working towards that goal myself! :)
  5. scine

    Financing and owning many properties

    REAL ESTATE 
    Hello all, So I've finally gotten around to investing in my first rental property and all is going well. However, I have a few questions about financing and hoped some people on here would be able to help out. So, according to just about every lender out there, banks will only count 75% of...
  6. scine

    I'm Back!

    Hey guys! After a long, LONG hiatus, I am finally able to get back on track with my posting on here. A bit of an update, I got divorced, which of course, sidetracked my plans for purchasing an apartment building for a bit. I kept the house, which meant that money was snug for a long time...
  7. scine

    any one use a forex Bot?

    HOT! INVESTING 
    I look forward to it! If it works out, I'm going to bug you for every last detail. :)
  8. scine

    Update On Me

    Honestly, I never would have thought of that. I'll check around and see. Thanks for the tip!
  9. scine

    Update On Me

    Great advice, thanks! Once I see a "good deal" I tend to jump on it, so I think you're right in that I should wait and ask a billion questions before jumping in. :)
  10. scine

    Update On Me

    Well my problem is that I'm a network administrator by trade, so I admittedly know very little about investments at all. I've toyed around with the idea of real estate, mainly because my friend's father got into it and did well for himself. But it's a crap shoot for me, which is why I ask so...
  11. scine

    Update On Me

    All, Ok, so after some soul searching and not finding what I need, I decided to just open up a regular interest bearing checking account with my $13k check that I got as a settlement for my car accident. (Long story) Anyway, I was surprised to find out that if I met certain criteria such as...
  12. scine

    any one use a forex Bot?

    HOT! INVESTING 
    Yeah I've heard good and bad about forex bots, and most of the "reliable" reviews say that either they've ran into problems, or, if set up properly, they make about .5-1.0% a day if they are lucky. A lot of the ones I've seen that say "guaranteed" I shun immediately, since nothing is guaranteed...
  13. scine

    any one use a forex Bot?

    HOT! INVESTING 
    I've looked at a lot of things lately, and I'm a bit "adrift" in the sea of investing. I just got my hands on about $10k, and I've heard various things about Forex, so I thought I'd take a poke around and see what was out there. Of course, I'm always open to new ideas in investing, so, I'm...
  14. scine

    any one use a forex Bot?

    HOT! INVESTING 
    Hey Eagle! I stumbled upon your thread after doing some research about where to stick some extra money after I got discouraged about real estate investing. Are there any newbie articles you'd recommend, and how is your bot doing? I'd love to hear more from you! Thanks in advance!
  15. scine

    How Often Do You Raise Rents?

    FTE REAL ESTATE 
    Yeah I'm thinking the same thing. I don't want to alienate good tenants if they are paying on time and the mortgage and expenses are more than covered. :)
  16. scine

    Is it possible to go TOO fast? Want to buy 36 unit apt

    REAL ESTATE 
    I was actually wondering about a HELOC just a few days ago and was going to search around here and/or start a new thread about it. I've got about $50k in equity on the house right now, and before the "bubble" burst, I had about $100k in equity. :) I assume that going this route has it's ups...
  17. scine

    Is it possible to go TOO fast? Want to buy 36 unit apt

    REAL ESTATE 
    Hey guys! Thanks for the quick replies! I've had a very busy day at the office. :) Yes, I fully agree, I need to speak with an attorney, CPA, investors, and take care of a host of other issues LONG before I sign document one. :) I was just trying to figure out whether or not my first...
  18. scine

    Is it possible to go TOO fast? Want to buy 36 unit apt

    REAL ESTATE 
    Hello, I posted about my original plan to buy a small 2-4 unit duplex/quad and some people had suggested that I accelerate my plan. So, I got to thinking: Is it a bad idea to start out a LOT higher? In other words, I found a 36 unit apartment building for $2.3 million, and I'm thinking about...
  19. scine

    Properly Introducing Myself

    Thanks! I just got the book "How to buy and sell apartment buildings" from Amazon yesterday and it's a pretty fascinating book so far. I've already started lining things up, and have an appointment with a CPA and an attorney here shortly.
  20. scine

    Properly Introducing Myself

    Thanks! I'll check it out! I've been reading and grabbing every tidbit of information and experiences that I can, so I know what I'm getting into. :)

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