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Working on creating my policies for becoming a landlord in Chicago, IL before i buy my first building because of the highly ambitious goal of having 1000 rental units by the time I'm 40 (which will be in 13 years from...
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Calling Washington Investors:Rental and home price ratios are currently abysmal in the place we call home. Not to mention, interest rates are the highest they've been in the past 10 years. I'm curious if anyone has co...
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As a bit of background, I live in Los Angeles, my investments consist of sfh in Ohio and one vacation rental here in California. Before I began investing, I got my CA real estate license (Its now expIred), signed on w...
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We are all aware of the 1% rule--the gross rent produced by a property must equal 1% of the of the property's acquisition cost. The question being, does this still hold true for Arizona? If not, what metric do you guy...
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We had a conversation with a guy today and it went something like this:"Hey I saw you hauling some lumber the other day. Whatcha building?""We bought a rental house and I was fixing a safety hazard." (Concrete step at...
I'd like to compile a resource of strategies on self-managing STR's to maximize profits. I'm doing a lot of research currently but it's all over the place and as expected, very regional. So more than looking for any s...
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I've been extremely busy lately with work, coaching, and working on a few deals. And preparing to move at the end of the month.
My teeball team lost last night but it was a great season. I saw kids make a lot of ...
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Hi all,I'm practicing by running numbers on a diversity of potential properties. When I run my numbers on SFHs with rents >= $900/month my cashflow ends up >$100/month, but when I go down to around $700/month th...
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Real life of a newbie investorI've been inspired by Account Closed post, "real life of a real estate investor". With that being said, I believe there's value in sharing my journey with other newbies. I will begin givi...
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So with Interests rates this high, Housing prices still high (but cooling off), property taxes increasing to catch up with the sudden spike in values; it appears really difficult to get into new a profitable rental pr...