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Bought a teardown at a tax auction, went in and knocked a hole in one of the kitchen walls, found three stud bays filled with plastic-wrapped used bills, mostly twenties but lots of fifties, hundreds. $873K total. The...
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I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...
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So I signed up with a property manager on my NC property. I'm paying 10% for their services. Last month my tenant was late 13 days on his payment. I just assumed that the late fee collected was going to be paid to me ...
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What to do? I know nothing. I don't even know my strategy. I'm looking for wisdom, stream of consciousness, whatever--any suggestions that wouldn't require me to step away from my current employment. I have a grow...
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So, recently I have been trying to branch out and buy real estate in other states. I'm currently working in Arizona so I thought "hmm it's nice out here, I should try to get a property or two while I'm out here." I am...
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Long post, but I really wish someone had told me this when I was struggling to buy single family homes.Hey y'all, wanted to share what I’ve learned in the past year. I took a promotion with my medical sales job, and ...
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I don’t want to name drop but I paid $4000 for a 3 day workshop and now they want $40,000 more for coaching and mentorship. A friend of mine that has a successful portfolio worth millions advised me not to. He recomme...
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So I'm in the process of looking at turnkey investing. I even made a post about it on BP but it didn't get many responses. A blogger I follow is "FIfighter". He's pretty reputable in the financial independence blogosp...
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I recently had my first call to interview a potential property manager for my first long-distance investment property and it left me a bit discouraged to learn of the reality of the costs involved.
3-5 weeks to rent ...
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I am not sure what to make of this real estate market in 2019. The prices are out of control for lousy multi families. These properties don’t cash flow unless you buy with 50% deposit. With 30% down, you’re just break...