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Hey everyone, I'm a 24 year old Software engineer that's always wanted to get into real estate, I graduated college about a year and a half ago and wanted to hit the ground running when graduated. I moved to North Vir...
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I haven't seen anything in the forums less than a year old about this, but here on phoenix I hear a commercial for Offerpad/Opendoor perhaps 4-5 times a day. Always kinda figured they must lowball quick cash offers an...
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"So, how many properties do you own?"
I get this question almost every time I tell someone that I'm a real estate investor. Tenants and applicants ask the same question also. I generally respond with a smile and s...
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I have this question because I have played in the NFL for 6 years now, and I have had many of my teammates ask me how they should invest some of their money once they find out that own multiple properties. Many of the...
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I was just updating my portfolio spreadsheet and I noticed that our equity position for our portfolio just surpassed the 4 million dollar mark (the majority of which is split between a partner and me). When I saw that...
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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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I am completely new to the world of apartments, but came across an off-market out-of-state deal that was worth exploring. I'd like to lock it down as soon as I can, but the problem is that we don't have the entity st...
I know this has been asked in the past. I've read through those posts and am looking to update the discussion based on current market conditions and get some advice based on our specific circumstances listed below.
W...
Is it just me or is the seattle market a hard market to cash flow? I mean even kent/renton, auburn, Des Moines to even north seattle, all the markets seem expensive. I always see people post about buying a duplex for ...
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My and my soon to be wife both graduated college at the same time and we make a combined $150k/year ($75k each) We are still living at home with our parents to save money, and we want to build wealth in real estate. W...