We started last year and bought our first 2 side by side Duplexes. We did not have enough money at that time to renovate them but they were occupied and they cash flowed about $20,000 a year. We bought the 2 of The...
Bookkeeping questions:
I purchased a property with cash flow, according to my calculator, on day 1, but knew it was a value-add opportunity. Since the acquisition, I have done upgrades. Technically, I know that with ...
Hey everyone,Last year, I started looking at multifamily property in Oakland to house hack so I could live cheaply / free while building equity. While the cash flow and numbers can work with the right property, I thin...
Hello Everyone,I was hoping some experienced investors could shed a little insight to help with my first purchase. I live in NW Ohio and after years of renting and saving my wife and I have decided that we will be buy...
What's up with Memphis? Hey BP a friend pointed me in the direction of Memphis and said that it is where I should be looking at my next round of investment properties. What should I expect in Memphis? What cap rates I...
Just thought I would provide an account of my journey since I started investing in US property market in 2011 and more recently Detroit. Perhaps this can provide some inspiration/feedback for any wannabe foreign inves...
Be Greedy When Others Are Fearful – A Lesson From The Financial Crisis
“Be fearful when others are greedy; be greedy when others are fearful.” – Warren Buffett
There is a lot of fear in the market place right now. T...