A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Coming across this website and the Financial Independence subreddit, I've gotten an itch to increase my rental real estate portfolio to start generating residual income. My wife and I sat down together to look at our...
So this morning I get a text from a wholesaler about a property. He is asking $50,500 and I Google the address and surprise surprise, the house is listed on MLS for $45,900. It has been active for about 30 days.It's l...
Hi all!This is my first time posting something here. I'm kind a newbie. I bought my first and only rental 2 years ago in Cleveland (I live in CA). The former PM found a tenant quickly. They left in December (without p...
Hey All,A family friend of mine has instilled the fear of Tampa as a whole being a poor long term investment due to Sea Level Rise (SLR). It seems without a significant investment into preventative measures Tampa and ...
What are you doing or seeing that effectively addresses racial disparity in home ownership/ lending/ generational wealth?Hopefully this is a fairly straightforward question about a heavy and complex topic! It's well ...
Hello all. Apparently, the best terms on an investment property are currently 5.25-5.375% with 25% down, and 5.75-5.875% with 20% down, this is with a 740++ credit score. 30 year fixed. This is what a reputable lender...
I'm curious to hear what people have to say. As an economist/risk professional in the banking space, I feel that I have decent insight into the industry. Those of you warning of a housing bubble... I just don't see i...
I'm looking to form a networking group of people who specialize in under 30k properties for cash flow. I propose we share ideas to help each other maximize our success!