Here's an actual BRRR (Buy-Renovate-Rent-Refinance) deal, with a $2.2M profit if we sell it or a $15,170/month cashflow if we keep it.
But before I share with you the details, a word of CAUTION to the newbie investor...
I've heard it a million times, "never rent to family." Being the naive person that I was -- possibly still is -- I didn't listen. I rented my condo out to a family member in 2013. By early 2014, I noticed their rent p...
So I just got off the phone with my financial advisor and he said I'm doing well but he's concerned I'm over leveraged on real estate. He's concerned that if we experience another recession that I will be stuck holdin...
I'm new to investment but spending a lot of time on market and deal analysis. I am ready to buy but so far - even in markets where you can still pick a home up in an appreciating market for $250K - I am struggling to ...
I own a single family rental in Kentucky and the tenants submitted a move out notice last month for when their lease ends on Feb 28. They were not responsive to the property manager’s requests for showings and when qu...
I've been a hardcore follower of Dave Ramsey and have done his Debt Snowball in the past and it was very rewarding. The problem was that I started to veer in the past 4 years and take on more debt such as buying a La...
I see a lot of discussion with people saying they want at least $100/door but I don't really understand how it can be a good metric unless there would be a big value add opportunity with a big cash out (limiting the i...
Executive Summary:Because of the real estate I own, and prospective potential purchases, I wanted to know more about where we are in the real estate cycle in the SF Bay Area. Inspired by great students and researchers...
A - Invest $100, add value to $120, market corrects to $100 in year 1, but you achieve an 8% return from cash flow and principal reduction.B - Invest $100, add value to $120, market remains as-is (or it takes longer t...
I recently watched the bigger pockets podcast with Brad Dantonio as the guest. Brad bought 5 properties with cash in order to maximize cash flow and retire early. After thinking about it, wouldn't it be wise to do the...