Ian Fisher
Managing property manager
27 July 2014 | 19 replies
Sam J. this sounds fantastic and I wish there was someone in the KC area who thought about it this way, but on the other hand if I were a PM company, I really am not sure I'd be so interested in managing purely for the monthly % and lease-up fees if I could also start getting into maintenance as an additional profit center...Has anyone ever struck a deal with a PM to take their "earnings" in equity in the property rather than in cash?
Shane Pearlman
Cashflow Doesn't Build Wealth?
5 September 2014 | 245 replies
Strategically buying and holding into emerging path of progress is how real estate millionaires are made.It is rare that I have seen real estate millionaires who are purely flippers or 2% 50% cash flow investors with little chance of appreciation, although they certainly do exist, but extremely rare.
Cruz Gartner
Anyone on track to quit their 9to5 in < 5 yrs from rental income?
4 August 2021 | 109 replies
Hi BP,My first post :)I started in Dec 2019 and am now up to 3.9k a month in pure cash flow.
Lynaire McGovern
Why is Tobyhanna real estate declining in value so fast?
18 March 2017 | 47 replies
If not, you could buy a primary residence with the intent to at a later date turn it into a pure reno ... if so, you could turn it into a rental and invest in your next primary residence without selling ... this way, you could secure a property with as little as 3.5% down on much higher quality assets that have a much better chance at appreciation and you could add some value to via sweat equity and control hands on since they are near to you ... much better strategy IMO ... never underestimate the power of your home court advantage investing locally, or conversely the disadvantage you face going out of state.
Derick Daigneault
What is the best smart lock for short term rentals?
3 November 2023 | 1 reply
They were on sale at Costco so I bought 2, one for the exterior door and one for the actual unit...my only complaint is that when used a lot the batteries go fast but its just a few AAs, but everything is controllable with the app, and they come with keys in case of emergency.
Jeremiah Akindele
Just paid $4000 for 3day workshop. Thumbs up or down?
9 February 2020 | 211 replies
@Jeremiah AkindeleYou can definitely try to get a refund for that.You can claim that all the info they gave you is free on YouTube and on bigger pockets, therefore it's a pure scam to charge $4000.You can use that money for a down payment to get a house here in HOUSTON.
Adam Juodis
Negative Cash Flow
9 March 2016 | 66 replies
I don't depend on luck, but I consistently, systematically, and conservatively put myself in luck's path ... as result, I'm a very lucky guy :) I'm not knocking those who invest purely for cash flow and live in markets that justify such a strategy, but it is not the only way possible to consistently make money, I do not live in such a market, don't wish to move to such a market, got my behind handed to me attempting to invest remotely in such a market, and since I have my strategy wired locally there is no reason for me to stray from home as there is a ton of opportunity to make great profit in my own backyard.
Joshua Randall
Best Properties for Short Term/Vacation Rentals
31 December 2021 | 7 replies
We actually just bought a two unit property that will have one LTR to cover our bills while the second unit is STR/MTR for pure cashflow.When exploring this topic, I would center in on a market you are interested in and evaluate how each property type performs within that market.
Ken Conover
New Member, looking to connect and interested in house hacking in SoCal
2 October 2023 | 11 replies
I would like to find a 2-4 unit multi-family and house hack OR a purely investment property producing cash flow (likely not in SoCal).