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We own income properties in Southern CA. We have a condo that only cash flows about $300 per month. It has about 500k in equity. I'm trying to decide if we should sell it and move the money out of state to make a b...
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I bought my first investment property the old-fashioned way - with a deal found on the MLS with the help of a real estate broker. We hear stories all the time, however, of users that find their deals far more creative...
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Hi everyone. Apologies if this question has been answered before, a quick search didn't come up with anything.Anyway - a friend of mine who is a real estate agent sent me a property that has not come on the market yet...
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This thread is about a recent REO deal I have done from start to finish (well, finish line is in sight) to help educate and inspire others to do the same.
Property details: 4+3, 2300 sq. ft, pool, spa, view, quiet st...
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The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative. It must at least break even a...
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I looked at a property today that was listed by a wholesaler I get emails from, he listed the property at $48,000 I met him at the property and looked it over I called him later and offered him $30,000 he could not ex...
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The following are my thoughts on the collapse of Silicon Valley Bank and any thoughts of upcoming bailouts. As an advocate for responsible financial practices, I believe that the government should not bail out banks t...
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I get asked about the BRRRR strategy all of the time and honestly don’t know if anyone that’s done it in my market where the property cash flows afterwards. It sounds great. Keep using the same money over and over. It...
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My wife and I have three houses that we rent out. This journey started about 10 years ago. We have 15-year mortgages on these. The houses are worth about $800K (TX). We are very happy with how these houses appreciated...
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Together my husband and I have almost $200k in student loans with a significant portion of them being at 6% interest. 53k of that is at 6.8% and 7.2%. We currently live and work in Oregon and are interested in getting...