Something occurred to me today as my neighbor just sold his home for 200k more than he paid for it 18 months ago... beware of the cashout refinance. It is different this time. It always is. It is hard to recognize ...
I recently purchased a rental property for cash with a short term unsecured loan because it was such a good deal(numbers below). I figured since I owned 100% equity in the house and I am only seeking 65% LTV I would h...
I found a very nice C class building with 10 units near me that seems like a great deal on the surface. If you use the 50% rule, the numbers are great. However, I have a list of expenses from the owner that total 65%....
My question is, how long will it take for single family homes to produce $1M of CASH into my bank account?Not asking about “wealth creation” I mean until actual cash is in the bank?Thanks in advance!
I just saw my rental’s single garage stuffed with about 6 motorcycles in various states of repair. OMG! The tenant did NOT indicate these “toys” on his rental app, and the lease states “tenant agrees not to store and...
What questions do you have for us? We'll be picking topics from the OTM crowd in coming episodes to answer on the show. We're looking for topic questions that apply to a wide variety of listeners -- so, unfortunately ...
I had an excellent year in my primary business. After taxes and reinvestment, I am still left with a lot of cash on hand. Already have a lot of money in the stock market and a little bit in real estate. I have three r...
Now that the hedge fund managers are ready to cash out on their SFR rampage, I wanted to take a look at some of their numbers. Is it a deal or no deal? Here is a quick, back of the envelope analysis, based on the a...
Hello everyone, anyone I have spoke to about REI in my personal life all tell me the same thing: don’t get into real estateThey are all people who have had properties themselves, have tried to rent them out and have t...