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I'm learning some hard lessons on my second rental property purchase here in California. I inherited 2 tenants that have refused to pay rent since closing on the property in late October. In late November I served a 6...
Houston, TX. I decided to jump in and buy a house and now I feel like I have backed myself into a corner. I bought a single family house with a detached apartment for $250,000. I'm living in the apartment and renting ...
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I've been listening to Set for Life, by @Scott Trench. Great book! One of the things discussed in the book is how a 401k locks up part of your income, and that if you aspire to reach early financial freedom then a 4...
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I'm in a bit of a unique situation in that I'm a California resident and can only invest in properties all-cash for religious reasons.
I'm not able to use leverage/loans, and I know and accept that investing all cash...
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Hi everyone!
I currently own 3 rentals in Toledo OH and I live in Michigan within 15 mins of my rentals. I'd also like to grow my portfolio without burning myself out. I'm just wondering when is a good point to get a...
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I just completed an almost simultaneous close on two different properties. On Friday I closed on 36.4 acres of vacant farmland. This past Monday I closed on a 3bd / 2ba house on 1 acre.
I want to turn the 36 acres i...
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Upon my reasearch I came to the conclusion that a seller thats using seller financing can only do 3 a year according to Dodd-frank rule. If this is correct is it also rules limiting the number a buyer can buy using se...
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Hello,We bought this house and closed on April 28th. We have been searching for a qualified tenant but have had no luck.I was wondering how long other investors have had vacancies in months. Is it normal to have a vac...
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My position can't be unique... I have a 6-figure W2 income but really will never be able to retire on it. As a single mom, I made every financial choice based on my kids needs at the time. We have a great life and I r...
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The last 3 weekends the traffic on the parkway from Sevierville through gatlinburg has been pretty much a ghost town on weekend evenings which ordinarily are jammed traffic. The last few years it was wall to wall this...