Hi everyone, I started investing in Cleveland about a year and a half ago and have acquired 6 LTRs (SFH and MFH) using mainly the BRRRR method in C areas. I've done fairly big renovations where in most cases, Im repla...
I was introduced to a program called “Freedom Mentors,” by a friend, where you pay $15-25k to be coached on investing and you have to split earnings 50/50 up to your first 500k and then you’re out of the program and o...
Do people still buy property in California for any reason other than the weather? Seems like everything else about California sucks. High taxes. Soft on crime. People just stealing whatever and whenever they want. Hom...
While listening to Barbara Corcoran she emphasized the need to have other income while building your real estate holdings. I wonder how many actually live off rental income alone without having put in years of buildin...
Just finished listening to the 1.22.17 Real Estate Guys Radio podcast with Robert Kiyosaki. On it he said that basically we are currently in an economic situation akin to 1928 and 1929 is approaching rapidly. His argu...
Background:
I've always had an interest in owning rental property, but due to living in CA and my inexperience I had assumed it was only accessible to those with significant cash in the bank, so I figured it was som...
I'm wondering if we're really making money. Not a rhetorical question, but would like genuine feedback. Here's the scenario. I want to live off of cash flow so I buy a lot of SFR. I then currently make about 550 cash ...
I've been reading through the forums here and I've read a lot of posts about how the tenants should have the money saved up to pay rent in an emergency, and if not they should use a credit card or the money in their r...
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Hey all.
Writing about the john reed article that was posted on here a bit ago, talking about how most investor's deals they say are good are actually not at all, because according to him, every property over time av...