All Forum Posts by: Benjamin Sussman

I’ve heard that people lose everything when they’re overleveraged.

When would you say people lose their shirt in RE investing, when debt to equity ratios are to high or when their debt to cash reserve ratios are too high? Or is it a mix of both, or something else?

Just wondering if owning 10 properties with 5% equity in all of them is a dangerous thing or if that sort of portfolio structure is fine as long as the investor has sufficient cash reserves?

Thank you all so much for the advice. My employer doesn't match any contributions.

Just finished reading Set For Life. 401k's let your wealth compound tax free but if you're in a higher tax bracket later in life, you're differing your tax bill to a higher tax bracket.

I also want to accelerate my accumulation of cash to use towards buying real estate. I think I'll get a much higher return on investment saving more cash now and buying leveraged properties than sticking the money into a target retirement fund in my 401k.

Hi I’m a newbie. Just bought my first property. As a general rule of thumb, what are the lowest cost, highest return renovations/work that can be done to an apartment to increase rental value besides adding an additional room?

@Jonathan Klemm thank you so much! I’ll reach out via dm

@Cara Powers thank you so much for the recommendation. Will definitely be checking out Stessa!

Just bought my first house hack and I am looking to learn how to book keep and how to do it the cheapest way possible.

Hi BP community, I just got my offer on a househack formally accepted and I'm not looking for a property inspector in the Chicago area? I would greatly appreciate any recommendations.

@Constance Grandelli thank you so much. This is incredibly helpful!

What is the rule of thumb for maximum purchase price for a house hack? I'm at the point where I could put 3.5% down on an FHA for a $1million building and have $20k in reserves but PITI would be 100% of my day job income. Thoughts on how I should determine the property price range?