J. Martin
Being frugal paid off in RE: $1k car, $1MM in RE, $140K/yr gross rents, and free couches..
I was looking for advice on starting out in being a successful real estate investor (with no capital) years back and ran across a few people who gave some of the best advice I have ever received for that scenario: BE ...
Slim Geransar
Anyone doing or wanting to do out of state investing?
Hi, I live in NYC and obviously didn't make sense for me to invest here so I ended up buying in a state I have never visited (super scary to make that initial leap). I'm curious if there's anyone out there doing the s...
Jason Yong
Seeking Advice On How To Achieve My REI Goal
Hi everyone! I'd love to contribute to the community here but I'm a real estate investor noob so maybe I can help in other areas of interest. I work as a web3 product manager. Product manager meaning, I help businesse...
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General Rule for Rental Properties ?
Hi,
Whats the general math rule for rental properties ? How would one figure out if the numbers work ?
Thanks
John Gach
Informed tenant of raising rent, they claim they can’t afford it.
So I bought my dads property, it came with a tenant who has lived there since the day he bought it 30 years ago. He never raised rent, it’s at $400/month. The unit isn’t very nice, she’s a smoker and there’s nicotin...
Mike McKinzie
What is the best state to invest in?
Currently, I have rental property in California, Colorado, Texas and Virginia. I am looking to buy another SFR or possibly duplex, and the main issue is monthly cash flow. What state or states seem to be the best fo...
Account Closed
Growing my portfolio- 13 units ~$170k in annual cash flow
Hi guys, wanted to share my story for some motivation.I started investing in 2007 as a 23 year old. My portfolio consists of 13 units and the current annual cash flow is roughly $170k annually. Most of my units are in...
Corey Dutton
Interview with a Banker – Why Banks Still Aren’t Lending
With the exception of community banks and credit unions, most would agree that banks still aren’t lending. “Hogwash!” some of you bankers who are reading this will probably say.
As a follow up to a post I did nearly...
Jason Cory
Birmingham Market by Class
Class AMountain Brook - https://www.neighborhoodscout.com/al/mountain-brookHomewood - https://www.neighborhoodscout.com/al/homewoodVestavia Hills - https://www.neighborhoodscout.com/al/vestavia-hillsHoover - https://w...
Brie Schmidt
We did it! We hit our investment goal!
Last week we hit our investment goal of $35k a month gross rental income. We bought our first investment property in August 2011 and the vast majority of our growth has happened in the past 10 months. We (my husband...