Chris Adams
My 22 duplex lot deal - $1MM in debt - purchased with no money down.
***WHY I AM DOCUMENTING THIS ***Before you read this post I want to explain why I am documenting this deal. I am where I am today because of the selflessness of a few people that had taken time out of their lives to h...
Ryan Pozzi
Is it really about not spending the money you make?
Hey BP! I'm still quite new around here so I know I'm risking outing myself as someone who "doesn't get it yet" by asking this, but I've been consuming everything I can to try to educate myself - podcasts, books, for...
Abraham Anderson
$1,300,000 Deal at Age 21 & I'm Retired!
Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
Ashley Petersen
What would you do with $60k if you’re goal was $5k/mo. income?
What would you do? You have $60k in the bank to invest however you want. You might be open to opportunities all over the country. Your goal is to generate AT LEAST $5k revenue per month in less than 2 years time. What...
Clay Smith
Will Low Income SD 401k Investments Work?
I am interested in a purely cash flow strategy. What if i was to buy 6k-20k properties, rehab, and rent; paid all cash and snowball the profits? I am curious, has anyone done this successfully? I am counting on 0 app...
Account Closed
Should I file for bankruptcy?
A couple disclaimers before I start:If you look through my profile and previous posts, you'll see that I am young (just turned 22), and also may believe I don't have the right mindset or maturity yet to start REI. Thi...
Donna J
Is it possible WAMU will lower my principal?
We have an investment property that we bought in 2004. We had an adjustable rate mortgage, so we refinanced in 2006 to a fixed rate, because we were to afraid of what the rate would be if we waited longer. We have a f...
Logan M.
Will low interest rates cause the market to crash upwards?
I have been seeing a lot of people starting to talk about rates coming down and prices shooting up.Is this what 2024 and 2025 will look like?I am very worried about affordable housing and what is going to happen if su...
Robert Cook
Father left no will, how does the deed transfer to mom?
Looking for some help.My father passed away in 2007. He left no will and my mother's name was not on the deed, but she assumed the loan on the house (she's been paying it for 9 years now). I understand in Massachuset...