Hello, Newbie here!I'm putting an offer in on a triplex in southern California for about $950kIts in a desirable area and it brings in about $5k a month in rents. The rents are about as high as they can go, so I can't...
Hello everyone!I am a new real estate investor starting out in wholesale. I have been trying to learn more about wholesale and have found out that there are two camps pertaining to this subject.There are people who be...
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
If you had capital you wanted to put to work but you couldn't find deals in your area (South Florida) that fit your business model what would you do? Change your strategy and look to other asset classes? Partner with ...
I understand it is impossible to know how big or when a housing bubble will happen, but just curious to see other people's thoughts on subject. In the event of a bubble, what would your strategy be? Is it smart to try...
i see lots of questions about turnkeys, but very few real-life experiences. (i did find one). So, for those who did buy a turnkey, would you be willing to share your story? Specifically, what did you expect? and ...
Hey guys, I made a mistake and am looking for some advice. My wife and I bought 2 properties in the Joshua Tree area - one in 2021 and one in 2022. And while the first one started out great, there has been a huge slow...
What prevents us all from becoming super wealthy? Plain and simple it is the return you get from your net worth. So, for an experiment take your net worth. That means, if you were to sell everything today and paid ...
So this morning I get a text from a wholesaler about a property. He is asking $50,500 and I Google the address and surprise surprise, the house is listed on MLS for $45,900. It has been active for about 30 days.It's l...
A person owns a home in Washington, DC and has a mortgage on it. They relocate to Massachusetts. One month later, they refinance the DC home and get a new mortgage, claiming the DC property is still their primary re...