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I'm wondering if we're really making money. Not a rhetorical question, but would like genuine feedback. Here's the scenario. I want to live off of cash flow so I buy a lot of SFR. I then currently make about 550 cash ...
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Dear Pocketers,
How do you harden / bullet-proof your rentals?
While I've never had anyone utterly trash a rental of mine, I've seen the damage they can do first hand (typically when buying the rental and seeing ...
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As an excited newbie, I have very little experience in real estate investing so at a meeting with my financial planner I asked about house hacking as a busy professional and he stated it would be a bad idea. This too...
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I just purchased my primary residence in a new city with cash ($350k) and have another $250k sitting in cash.Should I buy our first rental unit(s) with cash (after reserving 6-8 months living expenses)? As context, we...
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Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
I purchased this 2 bed 2 bath 1349 square foot house in Turlock California about three years ago for 72,000, I put 15,000 into it after I completely gutted it so everything is new inside. I rented it out without even ...
Someone just told me that their 401k just sits there. It doesn't send them a check every month. Sure, they said, they get a growing amount (as long as the stock market doesn't crash) but when I saw their numbers, it w...
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Hello BP fam, I hope everyone is well.To keep a long story short, I'm struggling getting a consistent steady stream of deals coming in. I have tried many different strategies to find potential investment properties, b...
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Any tips on getting started while working 60 hour work weeks?I've been trying to read a few books, and start getting a plan together but I haven't been able to start networking or anything yet. I dont have much financ...
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My girlfrIend and I currently rent a 1/1 apartment In San Diego, CA for $1475 ($735 ish each) and I am saving up for my first deal. Considering the high prices in San Diego, should I buy a rental property first and ke...