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My wife and I were fortunate enough to reach financial freedom just one year after making our first ever real estate investment. Here is a quick background story on our success and some tips and tricks I feel that any...
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I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...
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Summary from what I have read and what was explained to me. There will be a state wide election in December to change the tax sale laws. To me it sounds similar to Florida. The state is pushing for it and I am sure we...
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Hey Everyone,I know that there has been quite a bit of conflict as to whether an STR can be profitable or not, so I figured that coming to this community for perspective would be best. I keep hearing that STRs are dea...
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How are you guys able to make deals cash flow with new rates (assuming traditional bank financing)?For example, a retaltively cheap house in the Houston market is listed at $250K. Assuming 6.73% rate, 20% down, 30 yea...
Some background - Around 5-6 years ago, I was getting decent tenants for the most part and a pretty good PM company to manage the rentals in MO state. While I understand that it is part of the game to have a rental pr...
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I thought I would touch on a different topic as a way to see how everyone has started off the year. One month is down and did you start off the year with a bang?
I was gearing up for a great 2012 until Fannie Mae w...
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I'm contemplating rolling several very large SFR property gain amounts (via 1031) into a handful of DST Vehicles. I really like the concept of being able to utilize 1031 to defer my very substantial SFR gains by reinv...
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I currently have a 528 Fico Score. In Jul-Aug it was a 630. I paid one of my CCs late (timezone difference / Nov 09) and it obtained a late fee that I was unaware of. I found out literally yesterday when I ordered my ...