Previously, the Federal Reserve indicated it would raise the federal funds rate four times this year. On March 16th the Federal Open Market Committee said it expects to raise the federal funds rate six times this year...
Hello all, I have two rental properties in Wichita, KS; both are single family homes that should cash flow around $250 per month but the repairs and fixes that I have had to do over the past six months (and especially...
Hi, everyone. I wish everyone knew how great this strategy is, so I'm trying to spread the word. I'm not selling anything, just trying to let people know how it works. When you're paying your mortgage month in and mon...
Unfortunately I've been away for a few months while taking care of some personal matters, so I haven't been able to keep up on discussions.
However, several months ago there were ample amount of folks here insisting...
I’ll start. I’m 38 and I own 0 properties. I am reading all I can on REI with the goal to buy my first property within the next year. I’d love to be inspired by some of you and your journey. I’d like to know your ...
Hey everyone! I am doing research for a house hacking project and need some stories of fellow house hackers. Could you please reply to this thread with your house hacking story?Please include your location, strategy (...
Hello BP....I'm looking to purchase property in Newark, NJ...I'm from NYC so for me, this is right next door. Can anyone let me know what neighborhoods to stay away from? Thanks.
It's cliché, but true. A lot of millionaires are made during recessions.No matter what you invest in there are and will always be golden opportunities to take advantage of during every recession. For me, it's real e...
Just thought I’d share some of my experiences with you all in the San Francisco market. The big, HUGE take-away that I’m getting from my experience over the last year and a half is that there is absolutely no money in...
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...