I am shocked to see how few members prefer investing with cash only, no leverage. My current strategy is to buy a house or 2 each year for the next 7 years all cash. This should position my family to cover all of ou...
Hi all I am new to the site and looking for some advice. I was wanting to purchase my second rental property (currently own a townhouse in CLT) but the charlotte market is very hot and overpriced for my budget (wantin...
Hey guys, I recently purchased a distressed single family home for 5000. My initial intent was to sell the property to another investor to increase my capital and invest that into other projects, but I have changed my...
How much of your rental property cashflow should you live off of? For example, if I cashflow around $30k/month, how much of that should I ACTUALLY be spending on my lifestyle? What percentage should go towards my pers...
Hello everyone, I was chatting with an agent two days ago and he was saying Detroit Michigan is seeing a lot of market activity lately.Does anyone buy properties in Detroit?Homes seem affordable and rent prices pretty...
The rooms looked like the parents don't enforce cleaning, and their were boxes and clothes EVERYWHERE, the tenant was walking about in his bath robe, nearly looked homeless. Ohhh why did I think it was a good idea.....
As a new investor, I am leaning toward the BRRRR strategy. However, I'm having trouble rectifying the third R with cash flow goals as part of this strategy. If I purchase a property that appears it will offer me a ca...
We started investing 5 years ago… and we’re really proud of our accomplishments so far. In 5 years we went from being tenants to owning our residence plus 19 rental doors! Both my husband and I still have our ful...
Hi there,I am soon to visit several markets where a handful of turnkey providers will lead tours of the neighborhoods they operate in, their renovations in progress, and their finished product.In doing so, I hope to g...
I looked at an REO on Monday. I could probably get the bank down to a decent price. It had one offer on it on Monday, but the bank just lowered the price $5000 yesterday, so I guess that potential buyer dropped out.
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