The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
Hello everyone, I am curious if anyone has built a successful portfolio debt free. I am not arguing leverage vs debt, leverage wins everytime hands down, no argument here, I own a calculator, pencil and paper. My con...
I'm looking at wholesaler contracts and they appear to be dishonest, possibly even illegal. Am I missing something?I'm talking to someone that is interested in wholesaling. I'm reading up on it and trying to refresh m...
Hi,I have just finished reading Brandon Turner's Book on Rental Property Investing and I am brand new to these forms.I have saved about $130K which is not enough for downpayment where I live (Mountain View, CA). The p...
Those that actually read news and watch actual news programs (doesn't include NBC and msnbc) have heard the tape of Obama "loves re-distribution". WH has admitted tape is accurate, but andrea mitchell says nbc can't v...
Today is Thanksgiving. Lots of time to talk shop, politics, or real estate investment with family and friends. I just spoke to acquaintance of in law, and he mentioned purchasing home within a year. I spoke to him abo...
I recently came across a small duplex that is FSBO in a ghetto. I've heard about the strong cash flow properties in low income areas can produce but I'm also aware of the downfalls of investing in not so favorable are...
I have a house under contract here in Omaha. I agreed to buy the house as-is with no repairs to be done by the seller. I had a home inspection and discovered a couple of repairs that will cost me a few grand. I had ba...
This article in the Globe tells the absolute truth about what Account Closed - do we buy into the upswing and thus speculate on the power of the wave (and in the process overpay relative to fundamentals), or do we con...
Has anyone signed up for Sean Terry's Flip2freedom academy? A BPer suggested I take a look and like what I see. It sounds like much of the same stuff I've read. I just want to make sure it's not a scam.
Also, I like ...