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We had a conversation with a guy today and it went something like this:"Hey I saw you hauling some lumber the other day. Whatcha building?""We bought a rental house and I was fixing a safety hazard." (Concrete step at...
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Recent article from the LA Times showcased nearby San Diego as the number #3 city for largest year over year price increase at 7.8%. See article link http://www.latimes.com/sd-fi-case-shiller-august-2...Did you know t...
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What to do? I know nothing. I don't even know my strategy. I'm looking for wisdom, stream of consciousness, whatever--any suggestions that wouldn't require me to step away from my current employment. I have a grow...
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I just purchased my primary residence in a new city with cash ($350k) and have another $250k sitting in cash.Should I buy our first rental unit(s) with cash (after reserving 6-8 months living expenses)? As context, we...
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I hope to provide an informative account of how I was able to scale to 92 units in 16 months, leave my W-2 job and truly find my passion.Back Story:I am 33 years old, I am married with two young (1 and 3) children. My...
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So I have to put $1,500,000 in a rental somewhere. The option (for whatever reason) is either LA (appreciation) or Baltimore (cash flow).Sure, investors never can agree to disagree on which is best, but the numbers se...
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So I have been watching the interest rates as they have begun to rise and the notional value of risk free treasuries and ten year treasury bonds are approaching 3% . Given that the CAP rates in the San Francisco bay a...
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Say it with me: “I QUIT!!!”As Bigger Pockets’ motto says, “Life wasn’t made to be lived in a cubicle.”So I’m not going to any more!!Been a Wild Ride!!Going from nothing - to buying my first foreclosed 4plex with an FH...
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Hey guys, I wanted to share another great story on a property we closed earlier this year.As I’ve shared in previous posts, I have been partnering with other people to acquire more rental properties in Canada.I believ...