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8 February 2020 | 3 replies
I guess I'm wanting to know if making a specific $ amount per deal is just as worthwhile in the seasoned investor's eye as the %s?
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7 February 2020 | 6 replies
In a true downturn many of the people who've been "waiting for the downturn" won't actually buy because it is scary and the argument will become people trying to catch a falling knife.
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7 February 2020 | 6 replies
If she was proactive and reached out ahead of time (she did NOT, in your case), AND had a plan to catch up, AND was a model tenant, I might extend her the courtesy of holding off an eviction (I would still charge the late fee).
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7 February 2020 | 6 replies
Some is not and some is opinion (which is always good in the eyes of the speaker :)1.
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27 February 2020 | 8 replies
It may drag between 0 and -$250 in negative cash flow but we want the option to move back as well as it's in a high rent area so if we can see it through to payoff (we are long term holders) it's a cash cow in retirement and it'll be paid off in our fifties.Here's the plan we've been hatching:1. use an 80/10/10 to buy an SFR in Colorado as new primary residence - keeping an eye on the 1% rule but knowing that this won't be a rental for at least 2 years, the reason we wouldn't be putting more down is houses are in the $350-450k range and we want to reserve enough cash to stay on track for #2 below. the piggyback would let us avoid PMI but also pay off the balance at our leisure with the added bonus of keeping a HELOC open as well. 2.
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13 February 2020 | 16 replies
I listen to the BP podcast often and am catching up on the most popular REI books, but would love to become more involved in LA meetups as well.
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7 February 2020 | 1 reply
Them forgetting to turn off the stove and it catching fire likely would be.
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17 March 2020 | 15 replies
It’s truly been eye opening and inspiring reading your guys thoughts and experiences.
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9 February 2020 | 6 replies
Probably the toughest thing for new syndicators right now is differentiating yourself from everyone else in the eyes of real estate brokers.
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10 February 2020 | 7 replies
good catch, thanks!