I have bought a bunch of turnkey rentals and never once did I buy with a wait list. For those of you who don't know wait lists are, when you the buyer are forced to wait in a queue for a property and is first in li...
Purchased a home 9 days ago. On day 7 we noticed sewer coming out of the clean out. The house we purchased was in an estate. From what we can gather the house has been empty for over two years. Who is responsible for...
I purchased a 3rd rental property in Los Angeles last year -- A SFR in a booming area I got off market for really cheap. It kind of came out of nowhere, so to obtain the property I got a conventional loan for 80% -- t...
I have uploaded a file that you might find useful. This is similar to my BRRR Calculator but trimmed down due to notes being a little more straight forward (at least from a variable/output perspective). I have certain...
just closed on #20 today. it's a milestone since one time we thought we'd stop "when we hit 20", and "can u imagine having TWENTY houses?"i need a new goal and at this point it's 35, when i think i will stop working a...
Hi everyone,I just finished up @Scott Trench book Set For Life. I was just curious if anyone has calculated there Real Net Worth as he describes it in the book. If so I was hoping to get some advice on a few questions...
I've heard about a LOC a few different times that gives you 5x your liquid cash and/or assets.For example if someone had $100k in their savings account they would have $500k purchase power.Does anyone know anything ab...
I am looking for some opinions. I have 9 SFH properties, each paid for. I have found another rental house that I would like to purchase and have an unused equity line on one of the other rental properties that will ...
Ok I have a lot of choices to make here! I live at parents because I just sold home in December and made about 30k profit. Now I also have a paid off rental my dad gave worth about 140k. He collects rent tho! I want l...
I have been considering my financing options for my first flip now and haven't been able to determine the best course of action, any input would be much appreciated.
I'm figuring my first project will have ...