I own about 6 million in real estate. There is three million net worth, most of that equity, some cash on hand (1 million). I cash out refinanced last year to buy more properties. So my cash flow was reduced of course...
Hello everyone,I'm a newbie real estate investor in the beginning stages of saving money for a down payment on a multifamily buy and hold. I'm currently looking at the area surrounding the Garfield Park Conservatory. ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Joliet.
Purchase price: $245,000
Cash invested: $11,485
As a first time homebuyer, first time investor, my first deal was ...
I'm new to the BP forum and and I must say.... this is a damn good community. That said I'd love to hear people thoughts on a transaction I'm having a hard time wrapping my head around. Situation: My wife and I pur...
These are current headlines. Although I don't think a collapse is imminent, I'm buying properties "off market" that have equity just to safe. I've seen several ups & downs of the housing market over the years and ...
Hello everyone!I am lucky I stumbled on the BP community of like-minded people! Hope to find some bits of advice from giga brains 🧠 :))I am a 23yo newbie to RE. Last winter I came to a realization that all the gains, ...
NEW YORK (Reuters) – Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.
The rest of...
The CRE CarnageThis exogenous and unexpected shock to the economy has proven to be a devastating blow to some and a gut check to others. Seemingly strong businesses have buckled under the unprecedented economic condi...
When I bought my property 6.5 years ago, I was a total newbie and pretty much did everything wrong. Bought when the market was still high (and interest was at 7.5%) and then shortly after, the bubble burst and my pro...