Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
$200/month divides into the $100K initial negative equals 500 months to recover the initial negative equity.Let's double the cash flow to $400/month. 250 months to recover the initial negative equity so over 20 years.Let's reduce the negative equity position to $50K (which likely is less realistic than expecting $400/month cash flow at that rent point), you are at over 10 years to recover the initial equity position.Now let's do it with all cash, no financing.The 50% rule state $900/month cash flow. 900 * 12/200K = $5.4% or about half of lifetime return of S&P 500, or what can almost be achieved with a zero work, zero risk CD.I see no way that someone who understands the numbers will call this a good investment.Note just because an investment is better than most other investments in a market does not imply something is a good investment.
William F.
What are your experiences with the different land ed course available?
26 December 2024 | 8 replies
I have purchased a few different land ed courses out there. There seems to be a new one coming out every day & I am skeptical of a lot of the creators. They seem to lack substance listening to their initial inf...
Ben Lindquist
Qualified Intermediaries - Any good or bad experiences?
17 December 2024 | 8 replies
Their demonstrated experience and reputation in the industry will speak volumes.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
Anyway, I have been following this thread since last summer and empathizing with everyone's experience.
Harris Lee
Doorvest experience journal
16 December 2024 | 12 replies
@Kang-Li Cheng Can you expand on your experience with Doorvest?
Andre Bertoncin
Buying my first home Denver. $100k saved
24 December 2024 | 9 replies
Id like to get in the market and learn more as i go through experience.
Lorraine Hadden
Will Mortgage Rates Go Below 3% Again?
2 January 2025 | 18 replies
A more realistic question is will rates go down below 6%.
Matt Huber
AstroBlaster - anybody use this?
20 January 2025 | 15 replies
Does anybody else have experience as of lately...?
Owen Wang
Looking to learn more about being a realtor
18 January 2025 | 4 replies
I want to learn and get as much experience as I can.
Walder Javier
Has anybody worked with Rehab Financial Group? (Hard money)
23 January 2025 | 3 replies
Not sure if they have upgraded to desktop appraisals but if they are still doing in person appraisals , make sure you get everything (scope of work, good faith deposit, social, LLC docs, insurance, proof of prior experience, financial statements) in ASAP.