“Live where you rent. Rent what you own.”I’m sure many of you have heard Grant Cardone say this. I’m curious if anyone has applied it.My wife and I own investment properties and had our minds set on purchasing our own...
For those of you who say the eviction moratorium doesn’t/hasn’t affected you. I’m here to tell you it does. If you own rental property, but “haven’t had any issues”, 12% of mom and pop housing providers- your colleagu...
I've been a hardcore follower of Dave Ramsey and have done his Debt Snowball in the past and it was very rewarding. The problem was that I started to veer in the past 4 years and take on more debt such as buying a La...
Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...
I know not everyone is against C and D properties but I have a few cases for them as a viable asset to invest in.
1. Cheaper price point to get started in real estate (cheaper is not as worse)
2. It is less affected...
As the number of investors swell, so do the number of "so called hard money lenders" Since the recession, a lot of hard money lenders, or as I will call them, "pretend hard money lenders" ask you this question. How mu...
Hey all! Just sharing my story with the hope that it will light a fire under some of you, or keep the one you've already got burning hot. Here we go: It all started with a small loan of a million dollars from my dad.....
I recently had my first call to interview a potential property manager for my first long-distance investment property and it left me a bit discouraged to learn of the reality of the costs involved.
3-5 weeks to rent ...
I wonder what do someone approaching retirement do with $1,000,000.00? Buy a single property with cash and have about $65,000/yr in cash flow or use it for DP on a $4,000,000.00 property? Would the cash flow be the ...
Hi all, having a serious situation here at a 3 family property I own.
It's a 3 family property. A few months back, the 3rd floor tenant stopped paying rent. Evicted him. Cost a couple grand to do, but got rid...