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I purchased my Los Angeles (Compton) 4-bedroom home in 2013 for 240K; according to Redfin, it is now worth 686K. 2 years ago the entire house was completely renovated (Insurance claim) due to a burst pipe that caused ...
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Title says it all. Let's say someone gave you one million dollars to invest in cash-flowing rental properties today (Aug 2016), and you're only allowed to use the money to buy multis in one city. What city in the US d...
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I'm reading a book by Robert Kyosaki entitled, "Why A Students Work For C Students and B Students Work For the Government". I agree with most of his views of our public school system, the dangers of an entitlement so...
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The president of my local REIA advised newbie note investors to read Invest in Debt by Jim Napier. It was extremely helpful for me & very interesting IMO...in fact I just got it last night and have already read t...
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noob here.....Can someone explain the 50% rule, 2.5% rule.....I can't seem to find a definition for it.
Thanks.
Jim
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Hello financially intelligent peopleHow do you not let your expenses grow with your income? This question has been on my mind lately due to significant changes in my financial situation (for the better, luckily).Let m...
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I’m hoping that people can share their experiences with me about their recent successes in BC real estate, markets to be looking at, and the best ways to get started (apartment, townhome, detached, etc). If people wan...
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I often hear wholesalers discuss the legality and ethics of whether or not you are brokering a deal. So then wouldn't it make better sense to partner with your buyer/flipper. I see one negative in that you don't get...
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I love animals. Well; unless they are trying to hurt me - then I don't like them. But in general; I have had, and enjoyed having, pets. But now I do not have pets. I don't like the smell of them, I don't like cl...
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Alrighty. I need ALL of your help. In the #RealEstate or#PropertyManagment industry or not, I've got a duplex downtown in a very desirable location. Three miles to Colorado State University and 6 miles to downto...