Rich Weese
financial cliff, financial crisis, Aftershock
The basic information for this post has come from the book Aftershock written by David Wiedemer and Robert Wiedemer with the assistance of Cindy Spitzer. These are the same authors that four years ago wrote America's ...
Zachary Freeman
Cash out Refi and wait
Hi I am looking for opinions on the following strategy. I have a 4 unit property in LA area worth about $1mil with $500k equity. It nets $1500/month after debt service. I am considering pulling $200k out for investmen...
Ivan Loza
Retired in my early 30s! 🏝
Help steer me in the right direction please.I am a 25 year old school teacher who can currently save around 40k a year. Mostly from my salary, but I also own two SFH which I rent for $1300/month each with a mortgages ...
Collin Schwartz
My 4 Year Journey from 0 to 778 units!
Four years ago today I was wandering through life thinking I had made it. I was working a corporate 9-5 job, good pay and would use my 10 days of PTO for the amazing 1 week getaways. Jan 1st 2017 happened to be the la...
Diane G.
Is rejecting 3 tenants a discrimination in SF?
I have a situation that i would love some inputs for....I have a 2/1 in SF and I have an application from 3 youngish late 20 professionals...I dont really want to rent to them because I prefer 2 occupants... But my PM...
Scott E.
Preparing to capitalize on the next market collapse
Every day I spend some time in the morning getting up to speed on the latest state of the real estate market by reading various news outlets, listening to economists, looking at data around inflation/inventory/rates, ...
Bradley Shuhart
How much negative cash flow is too much
I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
Greg R.
We're being overrun by fake finance, investing, and RE gurus
Who's your favorite fake guru?
Oh my... this is not an easy question - so many to chose from. From the fake lifestyles, the rented yachts, private jets, Lamborghini's/ Ferrari's, and most of all the fake success. One...
Matthew J. T.
Discrete Assignment Fee
How do I keep assignment fee disclosed from Investor? Let's say 150,000 house, i mark it down to 40k, and i want to sell to investor for 75k, how can I do this without him changing his mind about closing the deal, it'...
Kenneth M.
Is it OK to buy into a Negative Cash Flow Property?
Hello, Newbie here!I'm putting an offer in on a triplex in southern California for about $950kIts in a desirable area and it brings in about $5k a month in rents. The rents are about as high as they can go, so I can't...