I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...
I have seen so many people credit Rob Kiyosaki and his “Rich Dad Poor Dad” book to their starts in Real Estate, myself included.Recently he has come out with some comments projecting a huge crash in the RE market. Mos...
I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...
I have owned student rentals, game-day rentals, condos and single family houses, but have never looked at vacation rentals. I am in Charleston, SC and it seems like a good area for vacation rentals. Does anyone have...
I'm a newbie, and for my first investment I'm gearing towards an out of State STR, where I can also use as a vacation home and depending where I'm at in my life, retire there. Is an STR a bad idea as a first investmen...
Economic Update
(Monday, September 14, 2020)
A majority of Los Angeles households face serious financial problems due to the COVID-19 pandemic, with Latinos and Black residents bearing the brunt of the economic pain...
I'm definitely a newbie at real estate ownership / investing, but I'm in a situation that I hope some better experts can analyze for me. I apologize in advance for the beginner-speak :)Here's my situation:I'm trying t...