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Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
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Would anyone recommend taking on properties only as you can afford to buy them cash? Or is taking on debt in order to secure new properties recommended.Currently I do not like debt because of the obvious cost of borro...
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https://www.forbes.com/sites/forbesrealestatecouncil/2019/02/21/multifamily-outlook-and-the-interest-rate-conundrum-in-2019/amp/Interesting article regarding Multifamily into 2019. Sounds bullish on Sunbelt Multifamil...
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Another chance to be featured in the next issue of BiggerPockets Wealth Magazine! In 50 words or less, let us know: What 2021 accomplishment are you most proud of? It can be real estate-related or anything else that y...
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obama received an award as man of the year from the newspapers guild over the weekend. No press was evidently allowed to attend(so much for transparency). Now today, a bill was introduced to allow the failing entities...
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I have heard a lot of posts about how to buy real estate with no money down, low down, first time buyer program, etc. All these paths are possible, but they are financial decisions that you are now just realizing when...
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I just acquired two identical, side-by-side duplexes and am starting to plan out my rehab project. I'm starting my focus on one unit, to figure out what works and does not work, and will hopefully then apply all those...
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I just signed up for @Michael Quarles gold coaching program. My brother and I have been following and listening to his podcasts for at least 6 months now. His podcasts have been one area where I have learned so much...
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A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Today, in Sept 2018 the Stock Market is at 28,000. An all time high. The average wage is $26 per hour. It takes 1,077 work hours to “buy the market”. That is, if you buy one share each of the stocks of the Dow, the co...