So In late 2018 I bought a package of five of those small brick houses you see all over Georgia (less than $70k each) and had the brilliant idea to renovate them and rent them out via section 8. Today I got a $14,000 ...
As we all observe and fear the Coronavirus, we see many cities under “shelter-at-home” restrictions, and many “non-essential” businesses closing. Then on the other hand, the Fed lowered rates almost to zero, and mortg...
I know there are many people who like to get their feet wet with turnkey, but does anyone actually own ALL turnkeys? Does anyone own 30 turnkey properties? Can anyone actually speak up that owns nothing but turnkey an...
I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
Everyone has heard, Location Location Location, and most live by it. NOT me. Its PRICE PRICE PRICE, people live everywhere.
Thoughts ?
Investment Info:
Single-family residence wholesale investment.
Purchase price: $93,750
Sale price: $105,000
Assigned my contract to purchase to a house flipper. Another wholesaler called me and of...
My name is Cliff Goodrich from Catonsville, Md. and have been an actual member of BiggerPockets for nearly 2 years but am just getting to an official introduction.
I have been "getting educated" in RE investing for ...
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Coming across this website and the Financial Independence subreddit, I've gotten an itch to increase my rental real estate portfolio to start generating residual income. My wife and I sat down together to look at our...
Someone just told me that their 401k just sits there. It doesn't send them a check every month. Sure, they said, they get a growing amount (as long as the stock market doesn't crash) but when I saw their numbers, it w...