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22 November 2023 | 20 replies
@Wilson Lau / @JD MartinThanks for replying to my post:I totally understand that putting 30% down is already very hard, but these days with the high-interest rates, It is so hard to find any investment rental property that can generate cash flow from the first day.As a first-time investor, my goal is to put enough down payment so that the rent can cover the mortgage and then ideally forget about the investment so that it can slowly free on its own, thus increasing my portfolio in investment.I tried finding a lot of different properties basically condos, single-family, and townhouses in East Bay but was not able to find a deal where with 20% down I could generate any cash flow with today's interest rates.
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27 January 2020 | 168 replies
It would be difficult to compare yourself to some of the giants on this website.
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8 December 2020 | 19 replies
Every year since a last few years there have been at least 10 new giant warehouses and continuing to build more.
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16 July 2018 | 80 replies
Notably, I --- nor anyone else --- is making the argument that acts are only legal if the law says it is.
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19 May 2017 | 183 replies
It is sad that LA housing is not able to keep up with the growth in population.
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11 October 2020 | 71 replies
You have 1 giant failing to your math on how "great" the $25k was of a return, labor costs.You say it took "all my free time for 3 months", by my conservative math that comes to 360 hours, and most likely more. $25,000 / 360 = $69.44....
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29 October 2020 | 41 replies
I'm OOS investor so I'm not able to do all that...Keep us posted on your next BRRRRs
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1 May 2023 | 8 replies
All the no money down "deals" you hear about either happened after 2008 and, more likely, never happened (barring a few notable exceptions like @Gino Barbaro).
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6 November 2023 | 41 replies
Took 20-30 min with a sledge then came out in giant "shards".
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12 December 2023 | 15 replies
I remember the first time I saw these giant cracks in the walls in every room and thinking that is the worst shifts I've ever seen.