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BP,I am in the education phase right now. I am consuming every drop of information I can via reading, blogs, podcasts, YT, etc. I am ready to move forward with my first property as soon as the first of the year, may...
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I'm encountering a situation right now, which I will attempt to generalize in this post. Looking to discuss the pros and cons, to ensure I am not overlooking anything on the financing side and understand the risks/be...
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I was pressured to place an auction bid on behalf of an acquaintance of mine. I didn't want to do it because I wanted the house for myself, but he told me he would hire someone else (and outbid me) if I said no. ...
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If you had a million dollars and it was the only million you had sitting in a money market account drawing less than 1% per year how would you invest it?
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Welcome back our Question of the Week!
We took a short break from our weekly question while we rolled out the new forum design. Thank you to those who have provided feedback for continued improvements. Our community ...
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I have looked at 50-100 deals in my area of West Los Angeles. It is difficult to find properties that are cash flow positive after expenses and debt service. Basically, the deals do not look very attractive. I am curi...
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It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
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As many of us are aware, millennials are more apt to renting rather than buying real estate. They (we?) are replacing baby boomers at a rapid rate, and are right behind Generation Z... Of course, Generation Z still ha...
Hello, Newbie here!I'm putting an offer in on a triplex in southern California for about $950kIts in a desirable area and it brings in about $5k a month in rents. The rents are about as high as they can go, so I can't...
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Current portfolio metrics :10 Properties15 Units17.15% Un-levered ROI average per home56% Average equity increase per rehabThis is a hybrid kind of portfolio. Our plan is to buy SFD & Multi-Family properties from ...