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My girlfriend and I have been saving money for a down payment on our first rental property and had initially been looking at single family properties and multifamily properties in upstate New York. In May 2017 I came ...
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I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
The first state in the nation to make solar mandatory for new builds starting in 2020 . Pros? Cons?https://www.cnbc.com/2019/02/15/california-solar-p...
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Hi BP members!This is just my second post and it feels great to have received such good feedback and support.Since I don't usually carry around $100K in cash, my southern California backyard market can seem a little i...
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I'm a new member and this is my first post so please go easy on me! I'm interested in investing in my first LTR or MTR. I have a full-time job in NYC and travel excessively for work so I will need a property manager...
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Over the last week (man how fast the world can change!) I've had clients and fellow investors and agents reach out to ask questions on the market. I share what I know and often learn tidbits from them.
It's been a gr...
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In talking to people and reading various posts online, I see a lot of confusion and varying opinions on ROI vs. ROE vs. IRR vs. Cash on Cash. For example, some people think that in the first year when you purchase t...
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Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
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I have been asked to become a student of an investor who retired off of his rental income in 10 years. it is a 6 month coaching program but is going to cost me $3600. can i get some advice? thoughts?
I currently do ...
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I've read many pros and cons of turnkey esp for out of state or country. In summary, the pros is for maximizing the "passive" portion of rei vs the cons of paying more to do it all yourself (cash or diff to access fin...