After 30 years as an electric motor technician, I’ve transitioned into real estate to achieve financial freedom and spend more quality time with my spouse.

Based on the desired monthly payment, we use a financial calculator to determine the necessary terms to achieve that payment, considering the price the seller is asking.If interest rates are not specified, our initial offer includes our desired monthly payment along with their asking price, with a balloon payment due in year 20.

Create a detailed post or thread that outlines your past projects, what you've learned, and the returns you've achieved.

This is a great cash flow for our local market, and we are using a mix of STR and long-term rental to achieve the best results.

Politicians have been making idiotic housing policy - starting with rent control - for over a century.The idiots still don't understand that when you screw with a free market you get lots of unintended consequences - and many times you end up with the opposite effect of what you are trying to achieve - NYC is one shining example of this...Sigh

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

Decide on whether or not you want to purchase the property on what you think it has the potential to achieve.

It's a lofty goal, but I believe achievable.

You have already achieved significant success.

Whether you're a seasoned real estate pro, a savvy entrepreneur, or have an inspiring story about achieving financial independence, we want to hear from you.