Hi all,My name is Matt, I am 25, and looking to begin my journey to financial freedom. If there is something I see the most regarding building wealth for retirement, it is to start early. So that is exactly what I a...
Is it just me or everyone playing it safe? Recently I’ve been catch a ton of flack on this forum for suggesting things like:1) Maximizing leverage while carrying hefty reserves.2) Buying for appreciation in western ma...
Hi BPers
I bought and completely remodeled a building with three side-by-side, 2 bed 1 bath apartments and one small, 2 bed 1 bath house on ~1.5 acres in Ojochal, Costa Rica. I added a pool and did some landscaping a...
I purchased my Los Angeles (Compton) 4-bedroom home in 2013 for 240K; according to Redfin, it is now worth 686K. 2 years ago the entire house was completely renovated (Insurance claim) due to a burst pipe that caused ...
Seems like there are two methods which all the books, videos and articles put forth: Cash Flow and Appreciation.
Landlording seems to lend itself to the Cash Flow side of things, with possible returns several years d...
Want to get the more experienced folks' opinion on something I'm thinking about....It's easy to increase cashflow with a greater downpayment / less leverage. However, is that really investing or something akin to buyi...
I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
I've flipped two properties this year, with the most recent one sold in mid-September. I was excited to line up my next deal, but after speaking to my agent I learned that the market has hit a strange slowdown throug...
Age 40. Owner of a singe-family rental homePurchase price 15 years ago: $200,000 (zero down payment)Current value: $400,000+Current mortgage: 20-year fixed with 19 years remaining @ 2.875%Seeking advice and opinion...