Hi everyone - I have a potential off-market deal and I need some opinions from more experienced investors. I met with the seller and they told me they would prefer not to list it on MLS but would if they didn't get th...
This post is a study in numbers intended to help newer members to talk about and understand the numbers on a Multi-Family deal.I have been working on understanding the numbers on a deal while putting together a templa...
Direct mail has been working fairly well for me for the last few years, but I deceided to go on the offense and dive into the world of cold calling. Ironically I ran a telemarketing firm in the early 2000's and can sa...
My wife and I are considering purchasing our first 6 unit apartment building. The numbers are looking good so far but our only question is that 3 of the 6 units are rented to Section 8 recipients. We have never had ...
Do NOT buy rental properties. There’s a MUCH better way to build wealth. And we mean that literally, “building” wealth is the best path. At just twenty-seven years old, today's guest has built twenty-five homes, often...
Any thoughts on the numbers here please let me know. Rents are very low. A widow has owned an managed it herself for 10yrs and hasn't raised the rents in about 5yrs.Ok here is the deal:All brick 11,100 sq ft 10 unit1...
What is your FI (Financial Independence) number?
How to find your FI number: Determine your annual spending in retirement, yes, you need to have a budget! Multiple the above number by 25. Example, if you require $60,...
Think it’s too late to retire with real estate? Maybe you’re in your forties, fifties, or sixties and have decided that now is the time to put passive income first. With retirement coming up in a couple of decades (or...
In just a few years, you can go from no cash flow or investing experience to owning a sizable real estate portfolio, with passive income flowing in and free rent, EVEN if you’re in your early to mid twenties. Not poss...
Normally, I wholesale ugly properties. But for luxury ones, how can I be sure if it's a deal? What are the numbers?