I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
At one point somehow I accidentally paid my mortgage on an investment property twice in the same month.
That was dumb, I thought, after realizing my mistake. However, instead of calling the bank and trying t...
So, this is in the news now-days. Here are a few thoughts - feel free to jump in:I've often said that I think it's kinda naughty when people charge $30,000 for real estate education. My rationale is as follows:Real es...
Hi everyone!Some quick background info on me. I've been involved with REI since I was a child through my dad. He's a very successful real estate developer here in California and over the past 20 years, he's developed ...
Not sure if I should still invest in a multifamily by Troy Upstate Ny, because it is not a Landlord Friendly State and protects bad tenants from being evicted right away in 2-3 months like you can in PA or CT..My Fe...
Would like to hear from others on this one.Often, when I tell someone about an apartment building located in a class C neighborhood in NYC, the first question they ask is whether I carry a gun when visiting the proper...
My goal is to buy 1 rental property this year. Tell me about your first purchase!
Where was it?
How did it go?
Do you still have it?
1 thing youwish you knew?
Im sure many of us have read all the warnings and reviews of buying low price properties, and the problems typically associated with them, but all that considered, it is what first attracts a lot of people , indeed th...
I usually avoid any thread that falls under the “wholesaling” category because it always seems like a bunch of nonsensical posts from wannabe “investors” who have never done a deal. Half the people make it sound like ...