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So here I sit in the Duplex my wife and finally closed on. What a ride this was.So about 3 months ago we put our house on the market, here in Montana, with the intention of buying a multifamily of some kind to start o...
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Hi all! Just sold some stocks and got $21k. I'd like to invest it into RE. I wouldnt mind something with HIGH risk either.
So my question is : If you had $20k, where would you invest? and what would you inves...
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We have recently completed a 3/2 SFR in Milwaukee that was interesting in many ways and I thought I could share pictures and some of the lessons learned. We rehab properties for our long term rental portfolio - BRRRR ...
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So folks...
Just wanted to see everyone's opinions on this. About 2 years ago my wife and I hired a financial advisor. He has been fantastic- we have some great retirement investments and are 200% better saving for t...
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Just closed on my first full deal. I have another rental prop on my own land (I unknowingly house hacked by turning a second building on my property into a rental which generates $950/month CF). I have done a flip wi...
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Many times on BP I've read "buy a cash flowing positive property". What about a negative cash flowing property? I've read that you make your money when you buy, does this apply to a negative cash flow property? I'm su...
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Ok, I admit it. I listen to Dave Ramsey. Today he had a caller ask about REI. Here are some of his major issues:
1. Be Patient. Most beginners get all excited and think they are going to make a killing, but they ...
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Re-Post from my BP Blog --> My recent tenant mishap led to burst pipes and thousands of $$ in plumbing, carpet, paint & cleaning. Worth it? 100% IMO...read on for why! All feedback is welcomed and encouraged.--...
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@ Llewelyn A. -You posted this on another thread:"Mike, Jay, like both of you, I buy based on Internal Rate of Return (IRR) Analysis, not on calculations that only tell you what the current year return gives you.I met...
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Hello Everyone! I am looking to purchase my first investment property in Northern Virginia, my budget is 650k max. Cash flow is non existent for the properties i was looking at, my only option is to either house hack ...