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Hi Folks,I've heard investing in the inner city and low income/high crime areas is horrible, but I'm here to ask either how you've made it work to be successful, or exactly what kind of nightmare you've had?I've been ...
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I just purchased my primary residence in a new city with cash ($350k) and have another $250k sitting in cash.Should I buy our first rental unit(s) with cash (after reserving 6-8 months living expenses)? As context, we...
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Not my first post about buying out of state but I am perplexed. Why all the hate towards “turn key”? To be more direct, if it meets the bigger pockets guidelines/numbers, what’s the problem?And if you can resist, thi...
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I have now been living in my FHA-purchased duplex for 6 months, and I wanted to share the story to encourage those who have been waiting on the sidelines stuck trying to figure out how to get started. If you read the ...
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I recently (...like an hour ago :mrgreen: ) went through this thread exploring the old argument between the cash flow guys and the appreciation guys.More specifically MikeOH and Nationwidepi (Mike and will) and off co...
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My wife and I are ready to purchase our first multi-family, first investment property. I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month. After I scoped out the property, I came...
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It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the opti...
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I have a very nice urban property up for rent. The clients that often apply to my city homes have POOR credit.. so I NEVER judge an applicant based on their credit score, I have removed that judgement from my process....
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Hi everyone, I know this question has been asked many times before, but I need to settle a disagreement with my wife so I am unfortunately asking it again. I apologize for the length of this post. Please bear with me....