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Overcoming the mindset of paying down mortgages is a dilemma for me. Considering the low interest rates I am going to refinance a couple of my SFH rentals and my primary residence. It makes financial sense to me to ...
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I'm looking to see if we could compile a list of the top 5 mistakes made by landlords. I'll throw out a few and hopefully we can come to some kind of consensus.
Note - to all who participate,...
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Hi Everyone, I wanted to see if anyone has used WealthAbility by Tom Wheelwright. The amount they charge to analyze your information and give you a plan is pretty steep, so I wanted to see if anyone has used them an...
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BEFORE I say anything. I want to be clear I am totally bullish on real estate investing. But I want to warn people that it is not what you think it is. And share my own journey over the last 3 years.Ok. Out of sta...
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There are so many positive stories about people starting their investment careers on here and online that aren't painting a completely accurate picture.
Most people are living paycheck to paycheck. The statistics on...
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Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...
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My girlfriend and I have been saving money for a down payment on our first rental property and had initially been looking at single family properties and multifamily properties in upstate New York. In May 2017 I came ...
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Background:
I've always had an interest in owning rental property, but due to living in CA and my inexperience I had assumed it was only accessible to those with significant cash in the bank, so I figured it was som...
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We live and own in California where we can't afford to do much, so we'd like to invest in a rental property somewhere else and this will be our first purchase (aside from our home). Can anyone break down how Turn-key ...
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This is probably the best study I've found on the benefits of renting to pet owners. Too many Landlords believe pets cause too many problems and result in a loss of revenue. This study found the opposite to be true. B...