Joe Au
Good Debt vs Bad Debt
Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...
Paul S.
140k at 1,250 rent
There are many properties for sale in my region, but may not cash flow. Here is an example (remember that this is California)
$140k for 1,400 sq ft
3 bedroom, 2 bath
Rental rate = $1,250 a month
At 20% down, that w...
Joy May
Government taking over property ownership
I’ve heard rumors about plans the government is getting ready to set into motion that will force home owners to give possession of all private property over to where no one will be allowed to own their own homes. As s...
Account Closed
Zillow officially enters the house flipping business...
The full story is on Bloomberg.com here: Zillow wants to flip your house should you want to read all the details.For those with TLDR syndrome the gist of it is:Zillow has now joined the ranks of high tech real estate ...
Randy B.
Does updating a rental property tend to bring a higher caliber of renter?
We have two 4/2.5 SFRs in Murrieta, CA that were built in 1988. They have never been updated so they still have those ugly oak cabinets in the kitchen and bathrooms as well as the old fixtures and plastic shower/tubs ...
Matthew Von Dwingelo
How We Purchased a $650k Triplex with $0 of Our Own Money (pt. 1)
First things first, I am in no means an expert nor am I an attorney (Consult an attorney & please don't take this as legal advice)... I just figured that there are some learning experiences in this deal that may b...
Todd Dexheimer
Closed over 100 units in the past 9 months
Since 2008 I have bought around 200 units - mostly 1-4 unit buildings. Since I started I wanted to buy apartment buildings, but I finally broke the ice with out of state apartment purchases. I have now purchased 108 u...
Carson Wilcox
My First flip... High $$ in my home town. Follow along
Well, After almost a year of looking, getting $ lined up, networking, reading BP and basically freaking out... My wife and I have taken the plunge, we sign tomorrow and close monday on a flip in my home town... I live...
Nerissa Vento
David Lindahl's Apartment Riches/Private Money courses
I am interested in buying commercial apartment buildings and have looked in David Lindahl’s program Apartment House Riches. I also see that it comes with a 90 day email mentor certificate where he personally answers ...
Mandi Martinez
Did I make a mistake painting the house blue!?
I’m on my very first flIP and every single decision gives me anxiety because I do not want to make the wrong choice.
So far I think I have done well with picking floors and indoor paint, cabinets, etc...
BUT I think ...