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Age 40. Owner of a singe-family rental homePurchase price 15 years ago: $200,000 (zero down payment)Current value: $400,000+Current mortgage: 20-year fixed with 19 years remaining @ 2.875%Seeking advice and opinion...
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@Brandon Turner and others often talk about making sure you have cash flow AND equity going into every buy-and-hold deal. But are there any circumstances where you'd pay full retail if the cash flow is good enough?The...
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I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
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Should you create an LLC before buying a property or vice versa?
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I've been talking to a few people about this recently, but I would love to poll a larger group.For those of you who have invested out of state - which market did you decide to invest in, and why did you choose that ma...
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I'm in Southern CA and realize, based on the Podcasts, that the 2% rule can still be found in the Midwest or perhaps FL. Since the market has picked back up, I'm wondering if it still exists...generally? Or have other...
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I am just starting to explore the turnkey option of investing, and right away, I am having serious doubts, because it doesnt make sense. It sounds too good ....If a turnkey outfit buys a distressed property at a disc...
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There are a lot of people who want to start investing in real estate, but don't know where to start. Wholesaling is by far the best way to get started. It requires no training, knowledge, cash, credit, or experienc...
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Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
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https://www.foxnews.com/us/102-year-old-california-woman-evicted-so-landlords-daughter-can-move-inThis guy is evicting a 102 year old woman so his daughter can move in to the apartment. The woman had been living there...