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So, I guess this isn't going to be our first investment since we have a vacation rental property in Maui, but this will be our first buy/ hold / rent property. We've been looking locally here in the Denver metro a...
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Since CA doesn't seem like a very efficient option, I've taken to exploring my options out of state. Just from browsing the forums it seems many members recommend places like TX, GA, AZ, Vegas etc. However, I thought...
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Hi, Fellow BPersI recently read "Long-Term Wealth" by Avery, which mentioned a 25% Cash on Cash (CoC) return, and it seemed extremely optimistic compared to current standards. I'm curious about the CoC returns you're ...
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Hi everyone,I want an honest answer about something. I own only one STR property upstate NY that gives me around 11% cash on cash return. This means, I get like around 10k per year, net. But reading some posts here on...
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I've been getting mixed answers about STR during a possible recession. Is it smart to buy in 2023 and 2024 despite the status of the economy?
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So, this is in the news now-days. Here are a few thoughts - feel free to jump in:I've often said that I think it's kinda naughty when people charge $30,000 for real estate education. My rationale is as follows:Real es...
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Article:https://www.wsj.com/articles/your-parents-financial-advice-is-kind-of-wrong-11568367000?mod=e2fb&fbclid=IwAR2XL4axyaQpo43fAkn_Q_fWBU3GiHJ9_K6t5c8G6rMnPCfed1KBBXIVhToResponse:Let me set the scene to save yo...
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I had a closing that was set to happen tomorrow. Everything was ready, but the buyers didn't have their ducks in a row, and closing will be extended 7-12 days.I told my realtor to ask if they can cover my extra holdin...
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As the rental market stays hot the rates are increasing quite a bit year after year. I don't see how that continue. When that slows or retreats does anyone have an experience, anecdotal or otherwise, as to how that...