As the title says, I went bankrupt trying to enter wholesaling. Full disclosure - Part of it was deteriorating mental health and desperation. I was manic and reckless.Another part of it was unrealistic expectations ...
I was recommended to talk to Chris Clothier and Memphis Invest at a recent meet-up here in Los Angeles, when the subject of turnkey buying of rental properties out of state came up. I contacted them and am now having...
I’m hearing on the internet, television, and BP the lending standards for big banks are starting to change. Some theorized prices for housing will fall, others think nothing will happen and we’ll all go back to our on...
Getting ready to list one of my long time rentals. Please give some tips on freshening up the front without going crazy on the budget. Here is what I am thinking but thoughts appreciated...Replace flower post near fro...
In 2013 I had some good timing. Purchased a four unit apartment building, built in 1980 with major tenant and management issues. It cost me around $360k all in but I used an FHA203k loan so my out of pocket was around...
Okay, now for a ridiculous, hypothetical question.What's away to theoretically get to 100 mil in net assets. Assume this is for a "young" person who has several decades to reap the rewards of salary, compounded return...
Right now , rates are higher than they have been in a while . prices are up on Real Estate around the country . Insurance rates , rents , utilities are higher . Now there are an estimated 5 million people who have cr...
There aren't enough renters to build demand so prices are dropping. They're dropping so low that Landlords are choosing to keep the units vacant rather than fill them at reduced prices. In August, they warehoused over...
Hello all,
I would really appreciate your insights here.
I live in CA and have a family with 2 kids - we're not moving anywhere. Have about 50k I would invest (access to more), with excellent credit and good income ...
Are bad news, according to nearly every experienced landlord I've seen chime in on these types of threads. However, it seems that many newbie investors (some with even less than my three years experience) like to chim...