Many investors quote Rich Dad to support their contention that a HOME is not an investment.Often this is done as an argument to invest capital in their commerical real estate deal instead of buying a home. Let me also...
Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
Hey BP friends!I'm looking for some advice on a property in our portfolio. It's 150+ units in Oklahoma. Built in the 70s. Flat roofs. C+ property.We purchased this property thinking we could reinvest all of its cash f...
My girlfriend and I are trying to buy a 4 family home in Rhode Island. We want to live in a unit and rent the other three units (House hacking). My girlfriend seems to not understand why we need to house hack opposed ...
Article:https://www.wsj.com/articles/your-parents-financial-advice-is-kind-of-wrong-11568367000?mod=e2fb&fbclid=IwAR2XL4axyaQpo43fAkn_Q_fWBU3GiHJ9_K6t5c8G6rMnPCfed1KBBXIVhToResponse:Let me set the scene to save yo...
Well - let's hope this isn't too complicated.I just acquired a large parcel in Sacramento, CA that is adjacent to several houses in a subdivision. Many of the houses have gates in their fences that open onto my proper...
I bought two turnkey rental duplex units in Indianapolis last year that came with a one year rent guarantee. The rent protection was thru AON and was paid for by the advertiser that markets turn key homes.
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Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...
Hello everyone, my name is Jason and although I have been a lurker on on this site for a few months I just recently made the commitment to take this rabbit hole of real estate investing and all that encompasses it ser...