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31 October 2021 | 19 replies
This is a get rich slowly game and no need to jump into the deep end right away.If you can get it pre-leased that usually softens a lot of risk.
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9 October 2021 | 6 replies
Typically, a hard money lender will want you to have some "skin in the game" by putting down some of your own money.
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13 October 2021 | 21 replies
Phone it in this early in the game is not an option I'm interested in.I'm re-reading Rental Property Investing now.
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8 October 2021 | 0 replies
The closest thing to this is that we all respectively own our own homes and that's as far as we go in the real estate game.
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10 October 2021 | 3 replies
I am Newbie just looking to get into the rental game.
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11 October 2021 | 11 replies
Gallon of milk is up 20%, gas is up 20%, wages are in theory (lol) up 20%, gold/silver up 20%, bitcoin went up 1000% then dropped 980% 2 milliseconds later (good luck at that casino, and props if you win, someone has to), so it's up 20%, rent is up 20%, stocks on average are up 20%, you get the idea.
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9 October 2021 | 1 reply
Please advise on the process as I am new to the landlord game.
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11 October 2021 | 3 replies
They are lending based on that you can put done money (you have skin in the game) and that the property will cash flow (tenant will pay the mortgage)We have about 21 units now.
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9 October 2021 | 11 replies
I don't like tenants that refuse to communicate or that play games.
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11 October 2021 | 13 replies
There are things that you learn by having your hands in the game, and if you can leverage those learnings you're more likely to have a favorable initial outcomeRemote management is tough.