Just learned about infinite banking at my last meet up. I was by no means an expert when I left, but I did have a grasp. Read the book by nelson Nash "becoming your own banker" and enjoyed it. Has anyone out there bor...
I have three short term rentals that I rent out on Airbnb. This mountain house was a different project for me. The house had great bones and structural integrity, but just needed a little love. We finished October 14 ...
My question for all of you guys is that while some of you guys are investing in multi units that provide a rent income of 10-15% return. My question is why not invest all this money to Real estate investment trusts? M...
Hey BiggerPockets!
I'm a newbie investor in California looking to invest out-of-state. I have done some data analysis and many signs point to the popular OOS markets such as Cleveland, Indianapolis, Kansas City, Colu...
There is a lot of fear of new construction in the multifamily sector. I am not sure I understand why. I think we can use it to our advantage.
@Sam Grooms and I buy apartments in Phoenix. Statistically, considering th...
Before I start this discussion, I wanted to post the link to the Article with the title "Population migration patterns: US cities Americans are abandoning" but don't go to the link YET. Wait until you read this post f...
I just realized today that credit partnering is a fantastic thing. If I find the deal, and a credit partner gets the money at 3.75% (or even at portfolio loan rates), we split the downpayment and split the profits 50/...
Hey all,
I am buying my first fourplex and am trying to decide how I want to manage it. Has anyone here used Cozy? It seems like a great tool and a fantastic price. Any positive or negative feedback?
Thanks!
Hi Everyone,I've been lurking here for several months, reading posts, watching videos, and trying to learn as much as I can about REI. My elderly mother has seen her health begin to flag, and I am at a loss as to wha...
As of yesterday, I am officially the owner of a 3 family in Worcester, Massachusetts.
$525K purchase price, FHA loan with a payment just shy of $3,100. Market rent is $1,500/unit. First unit is rented at market, sec...