While cash flow is great and I strive to cash flow as much as I can, in the long run could this strategy be less profitable than buying & holding in a market that will see high levels of appreciation?I hear folks ...
Hello financially intelligent peopleHow do you not let your expenses grow with your income? This question has been on my mind lately due to significant changes in my financial situation (for the better, luckily).Let m...
First timer with only a few weeks of REI study. Any feedback you can help provide would be appreciated!I have 22k in the bank and comfortable parting with 10k tops (up to 15k on heloc also available). Should also be n...
When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...
“If its on the MLS its already a bad deal”Ive heard this a few times already. I dont expect great deals to jump off the page at me but am i really missing out by relying on the MLS to find a good deal?
Hi BP community!I am a 24 year old living and working in NYC. This past winter (Feb 2017) I got the Real Estate bug by stumbling upon Clayton Morris's podcast. I listened to episodes 1-100 in a matter of months. I ...
Being in a competitive market, I’ve researched out of state investing a bit and have always been gun shy due to not feeling comfortable buying property that I don’t personally control and having to work with a turnkey...
In my humble opinion, the bubble has started to burst and many of us including myself are still in denial. The national median home value is now $217,300, an increase of 8.3% on the year and 8.4% above the bubble-era...
My wife and I have three houses that we rent out. This journey started about 10 years ago. We have 15-year mortgages on these. The houses are worth about $800K (TX). We are very happy with how these houses appreciated...
I have been reading a lot of books on rental property investments and have heard varying opinions on what qualifies as a "good" rental property investment based on monthly cash flow. I've read anywhere from $80 to $60...