Curious out there what people use as a general rule for how leveraged they are. How comfortable you are with debt. Do you have 401K loans? Would you cash out a Roth IRA? Do you use HELOCs off your primary? For...
I just ran into some unfortunate times in my investing career. I recently attempted a rehab and flip project and had to sell it for a loss before completion due to the two family home that I live in as well the tenant...
The reason for this post is because I often read other investors post about looking for a property in an area where they have good schools. We did that. We bought a home in Burbank, California, a very expensive suburb...
What's up everyone!?
I'm an investor and wholesaler out of Huntsville, Alabama. I'm writing this to check in on what everyone is doing through these uncertain times. Ultimately I want to learn as much as I can throug...
10:51 pm, I get a call from a tenant at my duplex. She tells me that her roommate is having seizures, that she's called 911, and that 10-12 of her roommate's friends are streaming out of the apartment as we speak. I h...
I was listening to some old podcasts from "The Real Estate Guys" today. They had a special guest speaking about using life insurance as a better bank account for REI's.
Has anyone used Whole Life Insurance as a bank...
So I'm about to make an offer on my first deal and I'm very excited. I asked a friend of mine who is a realtor in my market to assist me, or to refer me to someone who would handle a deal of this smaller size (it's cu...
Here in Orange County, CA we are in the middle of a sellers market, with sales at the highest level in 9 years. Inventory is down, prices are up. There's also been an uptick in new jobs with many companies hiring, whi...
Hey all, I've just started looking into out-of-state investing and have been reading about turnkey property companies. I would like to hear about your experiences working with turnkey companies. I can see the advant...
Hello everyone- Please keep in mind- that this post is of my opinion only, based on my knowledge of the US economy and real estate markets. Now, this discussion about a bubble and a crash in the real estate market has...