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Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...
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A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly,...
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I'm new on BP and joined after I started listening to Joe Fairless' "Best Real Estate Investing Advice Ever" podcast. It's very motivating to hear other investor's stories. Curenrly I work full time in mental health a...
A serious question indeed!
We all watch videos, read books, and attend seminars.. Right? We love it in fact! You could probably answer that question rather quickly without much thought (especially if you are a seaso...
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It is always important to be able to analyze properties and potential acquisitions/sales. My belief is most of the profit is made on the buy. I have an opportunity in real life and want to throw it out there. There wi...
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BTW this is my first post!I am 22 and have been saving up for my first property, I currently have 23k saved in cash and I am saving $2800 a month that I am adding to that total. I want to buy a single family property ...
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I hope this post will help inspire new investors to keep pushing everyday until they reach their goals. I owe a lot of my success to the BP community and I hope to give back as much as I have received!
Three years a...