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24 January 2025 | 6 replies
I have an idea of an initial investment and returns I would like to hit, but would love to speak with those of actual experience to see if my numbers are realistic.
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29 January 2025 | 4 replies
That experience made me realize I want to dive deeper into this space.Right now, I’m in the research phase—figuring out locations, property types, and strategies while working on funding and budgeting.
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27 January 2025 | 15 replies
For example, I own two large multifamily buildings, and when I tried to get a tax exemption for them, I had different experiences.
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1 February 2025 | 15 replies
Hindsight and a few decades of experience has taught me that with a good lawyer I would have been in the clear completely.
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31 January 2025 | 23 replies
Nobody ever went broke over a duplex, I know this now, but I have to admit I had some serious doubts about this when I started 16 years ago, I bought every course I could find, already on CD's, this was post cassette tapes lol, and I paid RichDad Education for a one year coaching program (turned out my coach was a girl in a call center without any actual experience).
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26 January 2025 | 54 replies
To get the job you have to have job experience, which is a catch 22.
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27 January 2025 | 6 replies
The better the rates, lenders generally want to see more experience, higher credit, occupancy and DSCR requirements.
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10 February 2025 | 5 replies
Experience in the last 3 years: 9.
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4 February 2025 | 9 replies
But even then, seller financing is rarely substantially better than another investment they could make (including trust deed lending, which will often be at a higher rate than seller financing)In my experience, the owners who find owner financing advantageous are at the ends of their careers and are not interested in looking for another investment (other than the usual retirement funding sorts.)
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6 February 2025 | 10 replies
You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.