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9 July 2021 | 15 replies
I learned a lot in he C class rentals and it made me a lot of money, but I read once that nobody ever got super wealthy off of cash flow.
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12 July 2021 | 15 replies
Prices are relativley low (on a national comparison we are priced #66 out of the top 100), the city is fully built out, so growth happens only in the wealthy suburbs, which does not help with the roof shortage we have.
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20 December 2021 | 27 replies
I think they can work on a small scale to make a few extra bucks but they won't make you wealthy in the long run based on my experience, who I have spoken with etc...
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9 July 2021 | 9 replies
That’s the way you scale up and get wealthy fast.
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15 July 2021 | 3 replies
They work with pretty wealthy individuals who typically pay in cash.
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19 July 2021 | 16 replies
., Core, Core+ style deals for cash flow or value-add/opportunistic style deals to assume more risk but build equity.But IMO, the best way to 'passively' build long-term wealth is to invest in prime properties in areas of traditionally high appreciation or try to identify areas that are appreciating (Austin, Columbus, Wyoming, etc.)
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15 July 2021 | 4 replies
Speaking to a local that owns 45 units, he said he wished he would have thought bigger earlier… Going full time BRRR and building wealth is my ultimate goal.
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16 July 2021 | 5 replies
I thought that Stocks were the only way to wealth. I
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9 March 2022 | 12 replies
It's also very close to Reed College, a $60K/semester school, so it would be a strong draw for wealthy visitors, campus tours/visiting parents, etc.Also- my primary job is an online merchant, selling on Amazon/Ebay and I require a large space for daily inventory/shipping prep.
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20 July 2021 | 7 replies
There are other factors to real estate then just cash flow, and in many markets those other factors are where wealth is created.