Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...
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I've been a hardcore follower of Dave Ramsey and have done his Debt Snowball in the past and it was very rewarding. The problem was that I started to veer in the past 4 years and take on more debt such as buying a La...
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I have an applicant for a property in Anchorage, Alaska that is wanting to sign a lease for a family member that is an illegal immigrant. The individual wanting to sign the lease is unable to provide a completed appli...
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My name is Ami and I have made a pretty big mess of things. Here are some details of my life:- Sales Manager of a sales team in the IT universe earning about $85k/yr- Wife has an office job paying her $60k/yr- We owe...
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Want to get the more experienced folks' opinion on something I'm thinking about....It's easy to increase cashflow with a greater downpayment / less leverage. However, is that really investing or something akin to buyi...
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Per the Bloomberg article, it seems rent for studios have dropped about 35%, 1 bedrooms 27%, and 2 bedrooms 22% as of November 2020.
I know it's been hotly debated whether cities will die out or not, but I want to l...
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Hey guys,
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...
What's the connection?
I was at a graduation recently where the commencement speaker announced future plans for each of the Math graduates as they received their diplomas. As I expected, many were headed to ...