Walter Edmondson
Rich Dad Poor Dad/Legacy Education Worth It?
28 October 2019 | 72 replies
I am just a College biology professor who is now a small-time RE investor to supplement my meager teacher's pension.
Account Closed
Multifamily Courses - Brad Sumrok or Neal Bawa?
1 September 2021 | 51 replies
I haven't gone through any of his formal trainings however.Final thought: if you are actually planning on investing in real-estate and paying for mentorship, make sure that you are getting actual coaching on YOUR SPECIFIC DEALS and not just generic education.
Allen Lemay
Syndications Gone Wrong
15 July 2022 | 40 replies
Assumption buyers can often get a supplemental (think: second mortgage) but those carry higher rates so the buyer still needs a discount.
Christopher Dru
What to do about mortgage rates negatively impacting cash flow?
3 May 2023 | 37 replies
Hey Mark - In my analyses, if I rented out both units I'd receive a negative cash flow of around $200/month.If I lived in one unit the cash flow would be worse, but the rented unit would still supplement my living costs.You're right, the prospect of positive cash flow may get better down the road if I rent both units and rent appreciates in my market.
Elijah Batkoski
New Member - Raleigh, NC
25 July 2014 | 21 replies
I'm looking into Real Estate for a couple of different reasons: I want to supplement my current income in homes of "retiring early" and doing Real Estate full time as I'm very interested in it, I find Real Estate much more interesting and exciting than the Stock Market, and lastly, I would like to get involved in something more personable hands-on in my spare time.
Kimberly McCall
Seller Finance + House Hacking
7 February 2020 | 17 replies
Will it cash flow with you living there, or just supplement your mortgage payment and expenses a bit?
Matt Whitney
Dad forced into retirement early with mortgage & struggling
17 February 2021 | 25 replies
I see 3 issues, financial, emotional, professional :Financial - The CARES act has provided unemployment benefits and supplements on top mostly.
Edgar Perez
Can I have my own LLC manage property owned in my personal name?
15 August 2020 | 41 replies
I like LLCs better for my passive commercial holds only, personally.My reasons for having the mgt corp were for anonymity (it has a very generic name) to pay rents to, credibility (new applicants are more ok giving my corp holding monies), having a 'bad guy' I have to check with for tenant requests, ease of p&l/bookkeeping, 1 place to receive all 1099s for HUD and agency pays, one mileage platform to record on (not every property), retirement account options, a way to obtain health insurance if needed, etc.
Adam Zach
How Many RE Investors are Engineers?
28 April 2022 | 684 replies
And then extended to 'how will I supplement retirement?'.
Account Closed
$1 Million In Rentals - How Much in Reserve?
29 January 2020 | 98 replies
@Will Fraser I’ve dabbled with the idea of focusing on a VRBO property to supplement my cash flow issue.