All Forum Posts by: Felix Stone

Hi All -  I have been investing for a couple of years and even though I can estimate the cash on cash of new listings by eyeballing, I still like to verify before putting in an offer. It is so arduous and boring to analyze new listings every day(I know I have to do it :)  so was wondering what people do and if there are any quick tools to unlock efficiency. 

@David M. Thanks I am checking it out now. 

Bumping this. Anyone? Can use some inspiration please :) 

Sorry if the title sounds asking, I wanted to get right to the point to get the attention of my target audience and not waste anyone else's time.

Even with a full-time W2 job, how much passive income from RE investing are you able to earn every month and how long did it take you to get here?

I am looking to get some(or a lot of) motivation and learnings in RE Investing and hoping all the W2 earners making progress towards the dream of FI can help me.

I know you all have limited time so I really appreciate you paying it forward and I hope I can be helpful by sharing the synthesis of all my learnings in the very near future.

Just to break it down, looking for simple answers to the two questions below :)

1. 1) What is your cash flow income per month right now? Gross rental income - expenses(Principal, Interest + Insurance + taxes + Utilities + Vacancy + Property Management + Capex + Maintenance Repairs)
2. 2) How long did it take for you to get here? :)
3. At what passive income, would you be in a position to quit your full-time job (if you wanted to)and still maintain your lifestyle? :)

Just to give an example to make your life easier, your answer could be as simple as

1) $3.7k per month

2) 3 years

3) $8k per month

Hope you all have a great July 4th weekend!

Wow, I was out scoping new markets today so was MIA.  Pleasantly overwhelmed with the response-  So much gold here. This year I am putting my thoughts together on how to scale from 15 units instead of just buying small mfs(nothing wrong with that) and seeing great actionable themes come out of this thread. Almost makes me want to start another thread to learn about biggest mistakes and regrets experienced investors have, but I suppose the forum will have many threads like that already. Thanks everyone!

@Damaso Bautista that in Cali sounds like a decision of the lifetime!

@AJ Shepard wow doing BRRRR since 2008....That is incredible.

@Tommy Brant that is exactly the kind of input thats helpful. Essential to know the how but scale needs breadth and knowing when to offload. I sense I am at that transition point myself where I can keep replicating SFRs and 1-4 MFs but whats going to supercharge growth is on my mind and hence this post. Sounds like @Shannon Robnett is also attesting to it. I read that one should know the $$ value of their time and then decide to do it themselves or offload depending on the cost and in most cases answer will be get a professional to do it.

@AJ Shepard that is amazing. how long ago was that house hack? I wish I could do a house hack in my market in NYC :) also looks like you moved into Syndication since then. 

Hi All - Trying to collect facts here (instead of ideas/opinions) from all the people who have achieved Financial Independence. I can believe some are lucky and capable of picking the right move right from the get go but I would assume most of us would find the sweet spot through trial and error, hard work and constant education.

And this is my attempt to collect education -

Which one decision accelerated your growth the most in RE? Was it finding the right team, starting value add projects, finding the right business partners, starting syndication, simply buying a ton of SFRs, getting into lending etc

Hi - I have a loan in a LLC currently where I have given personal guarantee and now I am applying for a new LLC loan with a new bank. I know LLC loans dont show up on my personal credit.

I was wondering if mentioning the current loans increase or decrease my chances(or getting better terms) of getting a loan with the new LLC.

I have a W2 job and no personal loans and >800 credit score.

Thanks all