I have 50k to invest. Wanna buy multi families and apply brrrr strategy . The 50k will cover 30% down payment ( i am from canada) , closing cost, reno. Just wondering if that's enough. If yes, any place recommended ...
Not sure if this would be the exact section to put this so sorry ahead of time if it isn't.I was hoping to discuss the idea of making an additional principal only payment on my mortgage every month. I currently have a...
I am 27 years old. I currently have 3 properties. 2 of the properties are long term rentals (1 SFH, 1 Duplex), and the other property is a primary residence. I have a high paying career and I have managed to keep my e...
I'm curious to hear where people have their money these days. You just made a killing off a flip, sold your personal home in this crazy market, inherited a chunk of cash from family, etc. You hear a lot about the grea...
My realtor called into question my calculation when I stated that the CAP rate is low on a specific property she was showing. I had included rehab & closing costs. I have heard in podcasts about targeting 10% CAP ...
BP,I may be missing something here but i'm looking at selling my first property as it has cash flowed minimally and I have held for appreciation, which it has done. The property was not purchased as an investment init...
In the last 3yrs, I have loaned a couple some money that has totaled approx $15,000. This includes cash and items charges to my credit card on their behalf. Yes, we have a contract and I keep the receipts. As we appro...
Let's take an average working class guy. He makes 60k a year and has a mortgage and a car note. 10k in liquid savings and some bedroom cash for dinners with the wife. If he decides to get into real estate, he will ne...
Hello Everyone Im writing this post to see if theres any thing im missing in my thought process. Im always interested in hearing someone elses viewpoint. I have heard time and time again that a primary residence is no...
So I am currently renting a house in western Washington (Puyallup) while getting started in investing and wholesaling so I can earn enough cash to start further investing in my goal of rental properties.My wife and I ...