I'm trying to retrain my brain on this kind of product compared to the traditional Principal and Interest. My thought is why wouldn't I do an all interest 10 year loan at 4.99%? Prepayment penalty is only the first ...
After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided t...
I've been on the Dave Ramsey bandwagon for the last several years. His advice definitely worked to get us out of debt and allow us to save a pile of cash. But as I look to get more into real estate investing, there's ...
Quick question all!
After being so motivated I’m going to begin reading the necessary books and network best I can in the next couple months. Giving myself until maybe the Fall or Spring of next year to begin!! Want...
Hey everyone! I’ve recently been stumped on this specific concept and hoping to get a few pointers from some successors. I absolutely love the idea of buy and hold real estate investment properties but I am a 19 year ...
Hi all, having a serious situation here at a 3 family property I own.
It's a 3 family property. A few months back, the 3rd floor tenant stopped paying rent. Evicted him. Cost a couple grand to do, but got rid...
I have about $150k to invest into my 5th property. I am leaning towards and all-cash buy in Memphis with a fantastic turnkey operator. My focus is on cash flow. What am I not thinking about??I am leveraged on the othe...
I have a turn-key rental with Mack Companies in suburban Chicago that has been vacant for FOUR MONTHS!A small sample of my issues with the management:Finding out a tenant has moved out weeks after the fact. When the m...
I took the 18 page report released by Trump's committee yesterday and summarized it below.
I hope we can all see the light at the end of the tunnel. It’s not going to be as easy as turning the light switch ba...
The other day I was helping my brother-in-law pick up some furniture and I got to talking with the woman he was buying it from. The woman said she was a property manager and real estate agent so I told her that I had ...