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I am brand new to real estate investing (I don't even have a property yet!). I would really like to self manage to save money, and I think I have the ability to. My father and I can take care of plumbing and electri...
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Dear wise real estate investors,I am small time. Just own one rental property (outright), which is worth about $160k. I am wondering if I should take out a mortgage on it. Here are my considerations:I will be leavi...
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If someone was going to move from California and learn a market in which to execute the BRRR method, why is your market the best? Man I hope someone suggests Detroit...
I (25) live in LA with my parents and am chugging along at work saving up money for whenever I figure out what I want to do with it. Recently, my uncle (who owns a few condos near his businesses that he rents to emplo...
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Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
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Hello Providence!So I am looking to buy my first property (ideally sooner than later) ... My timeline could be 3-6 months if I went conventional, or much sooner if I went FHA through Rhode Island Housing. I have a few...
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As most of you know, Sacramento is a super competitive market right now. Every time a new listing hits the MLS, it's literally a matter of hours before the first offer rolls in (and several more after it), which makes...
So I have a question that I've doggedly tried to find the answer to. I've heard from the REI community that it's best to put each investment property under their own LLC for personal asset protection. However I'v...
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I’m trying to get at least $40k net profit from a single flip in Michigan?I have 200k to invest.Am I being greedy? What amount of return would you expect if you had $200k in cash to use for flips?My realtor said for a...
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A fellow investor recently said to me, "I want a 60 year old renter because they're stuck in their ways and I want them to be stuck in my home." If this is the target renter, you'd have to have single-story homes with...