David Lutz
The Myth of Cashflow – and understanding how to reserve properly and model.
Let me start by saying I am all in on RE. I have an MBA, spent years learning about RE before I pulled the trigger. And when I did, I bought 5 houses worth over $1M in 18 months with only $100K of my own money. So I f...
Meryl McElwain
Wholesaling-how exactly does it work?
I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.
The story is true; which leads...
Account Closed
Trump/CDC Halts evictions nationwide to the end of the year
Trump and the CDC are using public health authority to halt residential evictions for nonpayment through the end of 2020:
https://www.cnbc.com/2020/09/01/trump-administration-moves-to-halt-evictions-during-coronaviru...
Mark Ferguson
Should I sell my Colorado rentals and invest somewhere else?
I have 15 rentals in Colorado that I have bought over the last five years. Most of the houses I purchased from $80k to $130k, made repairs and rented for $1,200 to $1,600 a month. I looked at my last couple of purchas...
Tim G.
300k+ in equity in 3 years, low cash flow should I 1031 out of CA
In 2013 I had some good timing. Purchased a four unit apartment building, built in 1980 with major tenant and management issues. It cost me around $360k all in but I used an FHA203k loan so my out of pocket was around...
Brian Garrett
BRRRR without proof of income?
How would I be able to buy a property initially and cash out refinance utilizing the BRRRR strategy if I cannot prove income right now? That's the biggest hurdle I'm experiencing in planning for my future cash flow pr...
Nathan Gesner
How to combat the growing hatred for Landlords?
Below is just one example of the many websites and forums popping up around the country, depicting landlords as greedy, evil monsters. What's most interesting is the growing number of people that believe housing is a ...
Joel Florek
22 Years Old with 20 Units in 10 Months!
10 months ago I was driving up and down every road in this new town of Iron Mountain MI trying to get a feel for the quality of the neighborhoods and characteristics of the market. I still had a few weeks of college l...
Max Maloney
Hello from San Francisco! Is the Bay Area right for me?
Hi everyone, I'm hugely impressed with the quality of information I've found here so far, so I wanted to say hi and introduce myself. My name is Max, and I'm a San Francisco native. I'm in my late 20's and a Mechanica...
Tom Doan
How To Afford A Lambo?
Alright so, other than my introduction, this is my first post here. I have been thinking about this idea for a while, but I need some perspective to un-noobize it.
Owning a Lambo is definitely one of my dreams in li...