Good morning everyone, First time poster/potential buyer. So my question is, is negative cash flow ever ok? So here is the situation. I am looking at a 3 family that brings in about $2750 monthly. I will have t...
Hey everyone, I did a long analysis of Short-Term Rentals in Nashville and wanted to share it for feedback. If you're a host in the area, I'd really appreciate it if you could verify some of the numbers I'm sharing be...
Hi There, Me again. I'm scouring the internet and can't seem to find a straight answer on a few questions regarding Section 8 tenants, I'm not sure if any of you have dealt with the specifics of the below but I would ...
Hi I'm setting up an entity for flipping in California. I was only planning on maybe 1-2 flips by the end of this year (so far there are 0 and next year may be more)I've seen different ideas as to this as I'm a small...
It's still just over 3 weeks away, but questions are already ramping up regarding the impact of the Fed's rate cut on mortgage rates. Here is exactly what the rate cut itself will do: NOTHING!
The easiest way to und...
I have a few general questions about central AC and some specific ones about pets.I have a tenant who's complaining that her electric bill is too high. Her monthly electric bill is around $150. She said she spoke to...
As I was poking around at the relationships between jobs and potential predictors of job losses, I started looking at a mathematical representation of something less quantitative, that we are all familiar with. This s...
Ok here is the issue I am having with my first rental. I have shown it to about 6-7 people but all of them will take the application and not call back ? I am trying to see what may be turning them off, I think the mol...
Growing up in the mid west I'm pretty good at seeing things at face value. I understand the difference between assets and toys (most cars, motorcycle, boats, RV, etc). I started my investment journey about 4 years ago...
If you think about your career and your journey to build wealth over a long time horizon, this is still the strategy that I like most:
1. Start a business that produces cashflow.
2. Use your personal cashflow to buy...