Anna Shaver
Financial Plan to $100K yr income
This is uncharted territory for me. Am I on the right track?Goal: Generate $100k a year net income from rental real estate.Background: Currently own a few SFH’s and a condo from early 90’sI have long term W2 income,...
Lucas Mills
On the subject of cash flow and self-sustaining properties...
Recently, I've been experiencing some confusion as it relates to cash flow, expenses, and the concept of self-sustaining properties.At some indeterminate point in the future, I want to have replaced my monthly w2 inco...
Shawn M.
DEBATE: Cash Flow vs Cash on Cash return
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
Byron Paille
How many homes is your goal?
I am in my late 40s. I have always dabbled in real-estate and done well. I am approaching it in a much more specific way now. Should be closing on my 6th rental next month. What is the goal number of homes for most of...
Amie D.
Wear and tear vs tenant damage
Fiver-year SFR tenants moved out. Refused showings, which made me suspect they had something to hide (addressed in a previous post.)Property managers now want to charge me $1886 to repaint the interior of the 764 sq f...
Christopher Mooney
HELOC - Most Important Things To Consider?
Hi all,I'm just starting to research getting a HELOC on my primary residence to use for capital for BRRRR projects. What are some things you wish you knew before using a HELOC for BRRRR? What are the most important th...
Rob Shah
Using Life Insurance Cash Value
Do many seasoned investors recommend to tap into your life insurance cash value as a loan to your self to fund a real estate investment? this that a good strategy for someone that has limited liquid cash in the ba...
Account Closed
Wells Fargo Abruptly Closes Lines of Credit - The End Is Near
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
Travis Cannon
Is 1500 enough to start in real estate?
Hello everyone. I am 20 years old and am trying to start investing and learning about it now. I graduate from college next year and would like to live below my means and invest. I have 1500 saved up and don’t know wha...
Todd Hutcheson
How to build a buyers list fast 28 ways
28 ways to build a buyers list
1. Craigslist.com - You look in 3 different places on Craigslist. First you check Housing, "real estate for sale" in you...