Ken D.
Appreciation happens then...sell or refinance?
There is a lot of discussion about how to approach appreciation in RE investing, but say you got lucky. Then what?My specific situation is that I have a property that I purchased for $300K, is now worth $600K, and sti...
Ujwal Velagapudi
San Francisco's Rents Drop 35% - Long Term or Temporary?
Per the Bloomberg article, it seems rent for studios have dropped about 35%, 1 bedrooms 27%, and 2 bedrooms 22% as of November 2020.
I know it's been hotly debated whether cities will die out or not, but I want to l...
Steven Smith
Purchasing A 4 Unit Property With Negative Cash Flow. Bad Idea?
Hello Everyone. I'm in the process of closing on a 4 unit building in CA in which I will live in one of the units. I will be raising rents about 8% since the current owner hasn't raised rents in a long time. Even if I...
Dan Gheesling
Detroit - What are your thoughts / questions / fears about investing in the City of Detroit?
When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...
Ben S.
Preparing for and profiting from a crash
I have a few predictions about the economy, and am looking for the strategies of those who have a similar views. I'm not looking to discuss differing views, just if you agree with this view.First, I believe the econom...
Nathan Gesner
When is it OK to talk about money?
In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...
Jeremy Jones
How can a "subject to" property be sold without paying off the Deed first?
Today I listened to (and very much enjoyed) Podcast #70 today which focused on buying properties "subject to".One aspect that I feel unclear about: How can a property be sold without satisfying the existing mortgage D...
Account Closed
Now that I have a deal,I need to raise money...
I am a little discouraged because I hear over and over about how we find deals and how important it is to establish relationships with investors. My struggle is that I have gone to meet-up events, created a website, a...
Devin Haertling
Ok realtors I need some advice
@zane belden and I have been working on a deal to buy a 4 plex. This process started 6 months ago. We made contact with our realtor through Zillow and she showed us 3 properties one day and we put an offer on one o...
Glenn McCrorey
I quit my job today
BP brothers and sisters, I quit the last job I will ever have today to focus on RE investing. In 2003, while working in corporate America someone suggested Rich Dad Poor Dad to me. Eleven years and 28 properties lat...