Mark Ashton
Live in flip profit?
5 April 2018 | 11 replies
It's like camping out...sleeping on blow-up mattresses...only 1 bathroom while the other one is out of service.....a lot of pizza for supper.
Kama Ward
Is there any end game besides buy and hold?
26 February 2012 | 13 replies
Those mattresses are the biggest pain though.
Josiah Charland
Advice needed!
30 July 2014 | 7 replies
Here is the mathematical equation:Assets x ROI = Cashflow > Expense BudgetHere are the steps:Determine you annual Expense Budget based on how you want to live.Example: $75K/yearDetermine your Return on Investment based on your Risk Tolerance.Your Risk Tolerance is based on how wiling are you to risk losing it all when it comes to your incoming producing properties to where you would have to go back to work.Use a scale of 1-100, 1 = cash in mattress and 100 = I'm gambling the rent money a the craps table.Take your Risk Tolerance # and divide by 5 to calculate your ROI.Example: Risk Tolerance = 50, ROI = 50/5 = 10%Income Producing Assets = Expense Budget/ROIExample: $75K/10% = $750K in income producing assetsFor real estate, Income Producing Assets = Property Equity, not the market value of the property.
Sophia Maler
New investor with cash
10 April 2011 | 23 replies
I asked for ideas on what I can do with CASH which is currently just sitting under mattress.
Brandon Borah
Keep rental or sell for primary residence tax-free profits?
1 April 2017 | 4 replies
That basically amounts to stuffing your money in your mattress, very poor investor advice but each to their own.
Chris V.
Straight Outta Stockton - Anatomy of another Stockton “Deal”
4 January 2020 | 13 replies
Google street view shows garbage and mattresses piled in the streets Is this a not good area or bad area?
Dustin Baldwin
Renting by Room - Making a deal to Leave
9 September 2016 | 4 replies
She only has a mattress in the room with 3 boxes.
John LaVecchia
Vacation Rental Expenses
28 February 2019 | 14 replies
I do recommend buying new mattresses.
Justin R.
Determining whether a contractor is "investor friendly"
30 March 2015 | 16 replies
He brought in a mattress and has been sleeping on the floor of the property for the last week.
Account Closed
What motivated you to take your leap toward your first deal? Please share!
18 May 2015 | 22 replies
I lived there in borderline squatter conditions while I gutted the house room by room, moving my inflatable mattress around.