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Disclosure Newbie to all of this. Have done some education but still working on it: I found a property that was pre-foreclosure. my wife and I dropped off a number of hand written letters to try and get in touch with...
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A couple of weeks ago, I shared a success story celebrating the fact that I quit my job and closed on a 202-unit the same day. A big reason I was able to do that was the fact we had built a 72-unit portfolio over the ...
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First off, let me start by saying I logically understand a winers attitude is not based in victim mentality. I also understand there are deals anywhere at anytime. That being said... I find myself consumed with ang...
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I live in a state with high real estate prices where the cash on cash return isn't any good, it's more of an appreciation game here. My goal is to make 100k a year "passively" (or at least achieve financial independen...
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How realistic is this? I haven’t found many properties that would fall into this category unless I look into some not too awesome neighborhoods
Additionally I remember hearing from someone that it’s really 1.3%
I'll keep in brief. What is the general philosophy regarding paying off an investment property?I'd really like to hear the opposing sides. More equity means lower payment and higher monthly cashflow...my beer math tel...
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I was recently posed a question and I'd love to hear your thoughts? Let's say you have a typical small portfolio with buy and hold properties that are leveraged (let's say 70% LTV) but own one property outright. And...
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Hey everyone,
I wanted to get a little insight/pointers on the strategy I am thinking of taking on my next rental property purchase.
Here is where I currently stand. I can take out a HELOC on my current owner-occupi...
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My business partner and I are putting together our business plan and I wanted to share the particulars and hopefully get some feedback. We started with these goals:Business partner wants to retire in ~6 years.I want t...
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I have a coworker that owns 10 sfh in the Baytown, Texas area. He has been building his portfolio for a while now (8 years). He pays cash for his homes and then saves up to buy the next. He does not believe in accumul...