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Let me preface this by saying... I've seen A LOT of posts recently of people under 25 asking for advice about getting into real estate. And I think that's great, don't get me wrong. I put out one of those posts when...
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Thought this might be a good topic in these declining times. . .
The question is how much of your real estate investments should be leveraged?
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In December I bought my wife a new car for Christmas. The price of an average new car in 2014 was a bit over $30,000, but I bought it for only $10,000, and it’s newer than new. It’s a mid-size vehicle, and although ...
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Hi Friends, Happy Holidays.
Context: In early 2022 I bought a triplex in Connecticut for $220,000 (25% DP on a 30yr mortgage @5.85%) and over the last ~two years i've put in about 60k worth of work (~110k all in). T...
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The popcorn ceiling in our new house is cracked in spots. The house had been vacant for a year or so. I thought I could just chip off the loose spots and retexture. But it is almost literally falling off. T...
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I'd love of explanation of what this is. I may be in position to investigate this opportunity and would appreciate some info from folks that have actually been involved in it. Can it be a win-win-win for everyone and ...
Hello Who here recommends a town or city in Michigan that is up and coming, with cheap buy in and good potential for flips and appreciation? We looked at detroit, but since this would our first step in the state, don...
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I am of the opinion that multi-family(MF) building values are set to decrease over the next five years. Here is my reasoning:
1) MF are sold based on Cash on cash return. When interest rates return to their normal ...
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How many Millionaires are there on this forum?
When did you start in RE, and when did you hit 1 Million in Net Worth?
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Kind of a hypothetical here:I'm curious how much money people feel they would have to make annually at an enjoyable "regular" job (working non-crazy hours) in order to decide that real estate investing is not worth th...