I just acquired a 4-plex today. I currently have 18 units, and will have another 4 here within the month. As crazy as it might seem to many, I self manage from out of state. I have a reliable maintenance team and l...
So I'm just closing on our first investment property in Atlanta, GA in the next 1-2 weeks. I should have enough cash in the bank left over for putting a deposit on our first live in residential place in California. I'...
Does anyone have experience investing in Albuquerque? I'm concerned with the high level of crime and people not paying their rents on time. Is there a certain area you suggest over others?I currently live in Sherman O...
I had a blast writing my Diary of a New Construction Project thread, and the feedback I got from that was great. So, I've decided to try another one...this time tracking and discussing the ongoing saga of a renta...
It's the end of the year and I am considering investing in a rental property as a first-time owner, who already owns a primary home. However, I am also thinking about whether I should max out my 401k like I did this y...
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...
Listening to this weeks podcast the guest made a statement that he would Never hire someone unless they had a job in collage. How many of you successful folks out there had a Job in collage? (I realize some of you nev...
I have heard nearly all successful people such as Tony Robbins, Grant Cardon, Timothy Ferris etc. describe their morning routine. Most of them do something along the lines of "Mind, Body, and Spirit" so I wrote down a...
Hi,
I just completed a deal (duplex) and I inherited a tenant who does not have a bank account. He pays cash to the previous landlord.
I am new to real estate investing and would like to hear recommendations on wh...
The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative. It must at least break even a...