Hey guys! I've recently got into real estate investing and would like to get some more advice. I'm 25 years old and currently living in North Jersey. My main interest is in brrrr strategy and creating cash flow. The p...
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So I found a property that has SERIOUS potential. The duplex is owned by an elderly couple, both of which were moved into a home and this is an estate sale. Asking price is $27,900 and assessed value is $19,800. The h...
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Is it smart? Is it high risk? Will you go bankrupt? Is staying with your 401k's and mutual funds the best way to retire?
The reason why I bring up these questions is I had a big discussion with my father in l...
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Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
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I have to admit - I'm borrowing this from another forum, but I wanted some feedback from our members.
What is the most inspiring book you've read?? (real estate or otherwise).
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We're learning the importance of reserve funds right now and in the coming months. In terms of months (I don't need to know your exact dollar amount) how much do you have in reserves?I'm talking every expense for your...