What is the downside to purchasing a multi unit (28 units) building (currently approx 90+% rented), if rates rise, and the economy slows? I heard on podcast 3 that the guest lost millions in the 2008 downturn. I am g...
I recently bought my house using the full 203k loan since the house had some possible structural repairs that needed to be done on the raised foundation. The repairs needed to be completed were not astronomical compar...
I've been looking into the future lately, maybe 5 or 10 years down the road. I was wondering what happens when I want to sell my real estate business. Lets say I've built up enough business to net around $3 to $5 Mill...
Ok- subject is euros. Greece and Portugal are kinda messed up. Now, Germany and France are threatening to depart the euro. IF this were to happen, is euro dead? Are we(the U.S.) going to loan (read- give away) money t...
We are in contract for a single family investment property (vacation rental). This is our 4th VR investment property, will be our 3rd mortgage. We have been pre-approved by one bank (which is no guarantee of a loan we...
Why is it that almost all new investors want to know the best way to find deals, the best way to find private lenders, the best way to find wholesalers, the best way to do everything and make 300k+ per year without do...
So I just finished reading "Rich Dad Poor Dad What The Rich Teach Their Kids About Money That The Poor And Middle Class Do Not" and I feel like I must have missed out on something given how often this book as cited as...
I'm a real estate investment newbie living in Los Angeles. I currently rent my primary residence to film crews which pretty much covers my mortgage. I've paid off about 50% of my home and have around $400k in equity...
I don't think I've been this cautious in a long time. I think there are still good opportunities but some markets are just bonkers. I'll caveat this by saying it's not just real estate, all investable asset classes se...
I've been reading these amazing books put out by BiggerPockets and my goal is to start house hacking. As of right now my first step has been finding a lender to see how much I can even be approved for. I keep on readi...