We are trying to find the way to reduce our family expenses and start saving for real estate investing. The biggest expense for us is insurance. What do you think, would it be smart to stop spending about $300 per mon...
I am looking at a 2 family that is close to me and is in a good area. I
want to BRRRR this property. It needs a lot of work. The home has
been vacant for 10 years, and has no heat. The was built around 1900. ...
I haven't posted a thread in awhile. I think one of the last ones said I was retiring for real....Wifey and I decided to consolidate and move to The Villages in FL. We had 3 houses to sell, 4 cars, a golf cart and ...
What reasons would a buy and hold investor buy a property that doesn't cashflow?
And good idea to give them back to tenants. The problem is the city is requiring a depreciation schedule for all components, not just personal property either. These forms are so complicated that an attorney is likely...
(I apologize in advance for the long post)Some background:I'm interested in a property as a rehab project located in a seaside town here in Massachusetts. The average lot size as you get closer to the water is greatl...
How many people are financially free on here? For those of you who are, do you still work or are you "retired" and living off the cash flow? If you are financially free, which method did you use to acquire it? (ie buy...
According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.
Thoughts? Insight?
I realize this may get political, but think this is an impo...
Is it just me or everyone playing it safe? Recently I’ve been catch a ton of flack on this forum for suggesting things like:1) Maximizing leverage while carrying hefty reserves.2) Buying for appreciation in western ma...
My current tenants are both medical doctors and refuse to let me inspect my property. They say I can't enter due to state and federal regulations and their professions. I think they could be using COVID as an cover to...