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Hi all!Would YOU do this deal?$1,000,000 for 3, 3 families.Total GROSS rent $10,600/monthOwner financed $1,000,000 at 3-4% over 15-20 years.Seems like a no brainer. Let me know your thoughts please.
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I'm a market data guy. Let's do a little (possibly insightful) exercise here.... what counties do you consider a bellweather for market conditions? That is, the county that is most likely to be the "canary in the co...
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I try to avoid political discussions, as they never lead anywhere good in the business world - but this one strikes at the very heart of REI. Former "Sex and the City" actress, Cynthia Nixon is running for Governor o...
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I need help picking a market. Just watched Bigger Pockets podcast/video about picking a market here as well as read through this article about markets with both appreciation and cash flow here.
First lesson - keep th...
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TL;DR Matt Motil is a fraud. Do not invest with him.
Warning, this is a long post. My purpose here is to save some of you from the experience I now find myself in after providing a short-term loan to Matt Motil of C...
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HI all,
I found a multifamily foreclosure for $12,900 in my hometown in a B/C area. The house was built in the 1900's and i'm a bit leary of potentially buying a house that old. Thoughts?
What should I be looking ...
Hi, for the experts who are investing for appreciation, will you invest in a negative cash flow property if the appreciation is almost certain? The property I am thinking about is a ~1.3M purchase, no rehab necessary,...
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A house in (random B class neighborhood) the midwest/south costs 100k and rents for 1200.00 a monthA house in (random B class neighborhood) NYC costs 800k and rents for 2500-4000 a month.Why on earth would anyone wan...
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I'm in contract to sell a rental property in San Jose, CA and trying to decide what to do with the proceeds. Given that the numbers don't really work where I live, I'm willing to invest out of state. My primary f...
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It is nice to have the equity from the appreciation we are having but the tax increase is killing my cash flow. I guess when looking at the equity on the back end it is still a win but this is making things a bit tricky