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What’s the easiest way to become a millionaire? Buy $1M in real estate and use other people’s money (“OPM”) to pay it off over the next 20 years.
Prior to November 2017, my real estate portfolio consisted of one dup...
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What do you all think about Joe Biden's tax plan and the elimination of the 1031 exchange?Moderator Note: This post turned into a political discussion, which is not allowed per our rules. This thread has been locked. ...
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I see a lot of discussion with people saying they want at least $100/door but I don't really understand how it can be a good metric unless there would be a big value add opportunity with a big cash out (limiting the i...
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I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
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If you missed my other post. I am new and will probably have a few questions while I am studying and analyzing deals the next few days. One question I have right now is whats the down side to buying mobile homes for b...
It would be great to actually hear from people renting in the LA metro area regarding the affordability issues, income keeping pace with investor projected rent growth rates and trend in housing prices. Renters feeli...
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I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
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There is nothing sane about what you have to be prepared to do in order to make a start in this business. Please take that as a given. The only thing I can fully agree with Grant Cardone about is his statement that re...
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As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
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I will like to know how you guys think his administration will affect Real Estate and Investors.
I have listened to diverse opinion on this from folks that are not investing in Real Estate but I will like to hear fr...