The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
Greetings BP,So I’m 19 years old, from the Chicagoland area and I’ve decided to drop out of community college couple of weeks ago. I realized that a traditional education wasn’t for me and it would hold me back from a...
I am trying to decide whether househacking makes sense here if my goal is to generate $6K/month passive income asap.
I live in bay area California. I have the opportunity to build two ADUs on my primary residence. Th...
I’ve purchased three cabins-beachfront-great location cabins on 1/2 acre. I want to develop Condos or townhomes but meanwhile vacation rent them to help cover costs. I’m finding a lockdown style 32-35% property manage...
Hi I am looking for opinions on the following strategy. I have a 4 unit property in LA area worth about $1mil with $500k equity. It nets $1500/month after debt service. I am considering pulling $200k out for investmen...
BP member Scott Hubbard posted the Freddie Mac link below in another thread but after reading it, I thought it was important enough to highlight it on its own. To me, it was pretty eye-opening as to what Freddie (and...
Over the past few years as I travel the country, I hear more and more people saying that their municipalities are now requiring Landlords to let the city into their rental properties. On top of that, the Landlor...
A lot of the time i feel like beginners lose focus because they're "why" for getting into REI (or lack there of) is not as strong as it could be. In my opinion, a persons "why" is the reason for going through the most...
I've been trying to find the solution to managing real estate with online software for quite a while now. I've tried a lot of products, and haven't found quite the right fit. But I figured I could share some experienc...
I am curious what people are thinking about for goals for 2019- are they financial? are they personal growth focused? are they multi-leveled? What are you doing to meet these goals to hold yourself accountable? How ar...