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I'm going to preface this with what I've said on other posts... I understand that no one has a crystal ball. I'm going to be moving to Plano/ Rockwall TX in July/ August (can't move earlier due to kids in school). I'm...
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Hello all, how are you?
This is my first post at BiggerPockets. I have been browsing the forum for a few days, after reading a book on BRRRR. For me the concept of positive cash-flowing real estate (after servicing ...
I'm hoping that someone sees this and can dive in with "real talk." I'm going to lay it out there, and as I'm learning through this initial start up process (and I'm a quick learner) that I'll be able to realistically...
Hi guys, wanted to share my story for some motivation.I started investing in 2007 as a 23 year old. My portfolio consists of 13 units and the current annual cash flow is roughly $170k annually. Most of my units are in...
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Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
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So I bought a property in 2018 from the foreclosure auction in Louisville at the courthouse.The house was still occupied by the original owner. When I went to talk to him he didnt believe I had bought it and thought t...
I'm working numbers for some out-state buy-and-holds. As usual, I'm underwhelmed by the numbers, especially in the Midwest and the South. Man, those are some low rents, even in good areas for good houses.I'd like to...
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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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I recently posted some questions regarding financial strategy involving car loan debt, student loand debt, mortgage debt and cash for new acquisitions.
There is a strong contingency of folks that claim you should nev...
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