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Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...
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Hi AllJust thought I would share one of my recent deals.Been playing in the Atlanta market since 2011, its been very kind, an amazing ride as the market has continued to soar. In fact very low inventory, surprise surp...
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I believe many in the BP community, myself included, firmly stand by "cash flow as the king" while appreciation is looked down upon. I would like to potentially hear the counter argument to broaden my understanding. W...
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Let me preface by saying I have a genuine interest in the answer and I'm not trying to stir up the passions more. I'm really just trying to understand where my logic is faulty.Here's the scenario.The big thread right ...
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Hi all,I'm looking to get into short term rentals. I have been following Michael Elefante on instagram and have been talking to him and his team as well. He is obviously doing very well as a STR host but his mentors...
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What are the pros and cons of buying a rental property cash? Just want to hear you guys opinion. And any other suggestion/awareness you guys might have for me.Thank you!
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Hey BP,
I just finished with having a pretty neat conversation with my mentor. He owns a decent size real estated company. They invest in mutli-family markets around the U.S. And owns a little over 1700 units.
How...
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We signed up for way more renovations than we thought.
Our total is 60K so far in repairs, 75K on credit card with 15K in cash in bank account (borrowed from credit cards.) The first unit is not rentable yet, alth...