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Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
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I’ve finished my first flip in October in Richmond CA. A single family, 3 beds, 2 baths, huge yard. The house turned out great after renovations. It’s listed at $650k based on comps. It didn’t sell in 40 days tho...
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Yet more TSA harassment. This time the harass a woman who requested her breast milk to be screened through the alternative screening methods that the TSA itself advertises. Well they aren't gonna stand for that kind o...
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I'm currently saving right now, but I estimate that in 3 years I will have saved $20K-$25K. I'm 27.I want to make $10K/mo and retire early. What I'm having trouble with is, if I use that $20-25K on real estate, I need...
My partner and I went out to lunch with one of our agents who sold us 2 buildings last year. He asked how much do we cash-flow on the buildings? We looked at each other and said we didn't know. You've gotta be kiddi...
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I'm a gun owner and I own "that" rifle and "those" magazines, but the Sandy Hook incident has changed my mind. It's not just guns, but guns are part of the picture and such needs to be addressed. I had teachers that h...
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Hi BP!My wife and I purchased an 18 unit multifamily in December. The building is full of mostly great people, but there was one fellow that always smelled like pot. We talked to him about it but the odors continued...
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Diary entry One- I just spent a month doing the due diligence, aligning the management team, developing relationship with key players (particularly the lender), and I am almost there. Well, .. . . was almost there. ...
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Given the uptick in the real estate market and strong demand for rentals, the concern I currently have is... are we making purchase decision based on the current strong rental demand, and eventually the tide will s...