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A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly,...
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Hi all - I'm hoping folks can give me their thoughts on my situation as I determine whether to sell or rent out my 2 bed/2bath condo in Washington, DC. Here's the numbers:Monthly mortgage - 1750Expected Rent - 2800Pro...
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So, your tenant made it through the screening process and moved in.
What kind of dumb things are they saying now?
Petty requests?
Requests to remodel?
Requests for upgraded appliances?
Whining about the internet...
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This is my first post so I apologize for my lack of knowledge in the industry. I'm 21 and study airport management. I recently did a study abroad in Japan last year and am sure that you can make a killing in the Japan...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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This post is for experienced landlords.
Is it worth it?
I'm saving money and thinking about how I want to spend my savings down the road. I'm 31 years old, I have a 2 year old and a baby on the way. In the next ...
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Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...
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Flip Men on Spike TV
For those who don't know what it's about,it's about 2 men who buy properties sight unseen,rehab flip them and sell them for profit much like the earlier flip shows only difference is that they bu...
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The following are my thoughts on the collapse of Silicon Valley Bank and any thoughts of upcoming bailouts. As an advocate for responsible financial practices, I believe that the government should not bail out banks t...
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So I decided to sell my luxury car in order to free up more capital for real estate deals.I couldn't justify having a lot of cash tied up in an expensive vehicle anymore knowing I could be investing that money.I curre...