
29 September 2016 | 9 replies
I already own and rent out 1 house, a 300K, 4 bed 2.5 bath generating about 1900/mo @ $220 "profit" (nowhere near the 1% rule) - I rented this house purely as a means to purchase a better home, and as a necessity to forgo a contingency when buying.....Fast forward to now, with my 401K proceeds, this summer I bought 2 more homes, here is the breakdown;Home #2 , a 1947 Puyallup home, 3bd/1ba nicely completely remodeled w a Olympic mtn view and close to everything , Paid 250K w 20% down, payment ~$1300 @ $1850/mo $550 profit (not 1%)Home #3, A 1908 Tacoma House w peekaboo ocean view, 3bd, 1ba remodeled in a gentrifying area, paid 185K w 25% down - payment $950, rented @ $1750/mo $800 profit (not 1% either)both houses were long term flips by the seller and I bought them turn key, The market here is red hot and I was lucky to get each house, most everything on my interest list sells within 1 to 5 days, I go in with the down payment and waive inspection to get the deal.
15 November 2019 | 4 replies
The Post Office sans everything and if the barcode is there is may just come back to you (kinda like the Elvis song)

19 August 2022 | 29 replies
You get to brag to other people and sing cool songs like "I've...got...homes.....I've got hoooooooomes.

17 February 2023 | 22 replies
Which forced me to bring cash to the table $100k worth, just to take out my hard money lender lest I get foreclosed upon by them for going beyond term.2.)

29 December 2020 | 53 replies
But yes with financing, there is a little song and dance that you and the realtors must do: basically you can have everything in the unit EXCEPT a stove!

5 September 2017 | 459 replies
@Joe Cummings What a great song, exactly !!

24 February 2023 | 12 replies
I’m also for going over their head and filing with the real estate commission.

17 March 2023 | 5 replies
Selling the home can mean that its going to sit vacant for a while forgoing opportunity cost.

9 March 2020 | 4 replies
Also: My fear is that, in order to do so, I would have to forgo the VA loan and go with a commercial product.

19 September 2019 | 40 replies
He give a great step by step plan for going from broke to becoming financially free.