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First of all, wasn't that catchy? Ok so here's my situation and I'm hoping to get a myriad of opinions knowing full well there might not be one right answer.I'm 26, singleI live in Los AngelesMake 55k a year before ta...
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Rich vs Wealth
As I have been taught, the difference between rich and wealth is rich people work for money; wealthy people have their money work for them.
To illustrate, some professional U.S. athletes ...
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I'm looking to buy a property (first timer) for that is a bit over a 1 million with 25-30% down. I will be living in it with my family.
Due to the high prices in our current market, I may not be able to cover the en...
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Hi all,Has anyone here ran a calculation of your return on equity? To do so, you take the current cash flow and you divide that by equity you have in your RE. So your personal home has little to no ROE. Right? It i...
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Let's not be coy, we overpaid for this lot, but we knew it going in this time...which is a refreshing change for us. We bought this lot as a marginal deal thinking that if all went well we'd be lucky to make $30k and,...
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I'm really glad to see local sub-forums and wanted to kick off the discussion here. Hopefully some keyword alerts for Boston, MA and Cambridge, MA draw folks in.I'm a new investor based in Cambridge. My wife and I wan...
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I own a house and I have one rental. I'm looking for a second rental. Will a bank give me a portfolio loan to buy a house? I'm looking at houses in the $80000 range and lower. Credit is like a 720. Can any banking pro...
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Hey all,
I have a cryptocurrency investment that has matured nicely. I am thinking about an exit strategy. I have a full time job and don't really want to self manage so any real estate would need to be fully manage...
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Hello All! Long-time lurker of the forums but I finally wanted to sign-up to ask the community for their input on some specific questions that I have and haven't been able to answer on my own.I am a commercial real es...
Salutations!Thanks in advance for any response I might receive to this question. I am a newbie. I am interested in maximizing monthly cashflow through acquiring rental properties. However, being in Los Angeles, there ...