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1 May 2015 | 87 replies
I am not one to preach religion, but whatever your beliefs, I think the concept of karma is real.
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30 January 2017 | 41 replies
My understanding of the legalities and belief in the benefit to all of what I do, is strong, but realistically, fighting public opinion would be a battle I’m most likely to look bad in.
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27 December 2015 | 78 replies
I've not had the good fortune to experience a lot of success in this business and it's my belief that I struggle with the same thoughts.
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10 November 2016 | 77 replies
I choose to NOT stick my head in the "economic sand", OR judge another member here based on my misperception of their beliefs.
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22 July 2021 | 499 replies
I'm a Dave Ramsey listener too and he (and my beliefs) had me very motivated.
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3 December 2015 | 19 replies
While I don't support that belief, the principal applies to real estate investing.
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28 May 2010 | 36 replies
But, in a sense, this forum is a 'grade school' for a lot of new investors.My own children have tattoo's and piercings, and they are professionals, very successful in their young lives.I will stick to my beliefs, constructed over 3 decades of real estate investment experience.
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7 July 2022 | 23 replies
The pros as you’ve stated, can be:-less maintenance as it’s a brand new property and things shouldn’t be breaking down, which as a new landlord is like operating with training wheels, as you will less likely be overwhelmed with constant maintenance requests-everything is in brand new condition which is appealing to prospective tenants, which can also allow you to rent out for higher amounts since the condition can make it more desirable compared to other options-the warranty (mine was 1 year) is very comforting to know you have it to fall back on-I’m under the impression that typically older/pre-existing properties have higher potential for cashflow, however, I feel that contrary to that belief, a lot of new construction fourplexes here have higher cash flow potential due to the higher rents you can charge.My current new construction fourplex cash flows pretty well, due to it having rents closer towards the higher end of the market, although the higher quality finishings make the apartments very desirable.Searching for my second fourplex, I’m leaning towards a pre-existing fourplex around 15-20 years old, as with the typical price point, it will allow me to have more funds leftover going into my third property.I’m pretty sure I know which new construction fourplexes you are referring to with that purchase price, as a buddy of mine lives in that city (if it’s what I’m thinking) and he was considering buying one of those new construction properties and the expected rents make it seem like it should be a solid investment.
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16 October 2019 | 30 replies
@Payton Pearson I don’t say you wasn’t serious, I just wanted to point out my belief from experience concerning partners. ( It is clear you are serious.)
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5 June 2020 | 31 replies
Contrary to popular belief, this is not set because I believe it will give me a higher return.