OK, long story short... I bought a unit with 20% down about 5 years ago, fixed it up very nice, rented it out, paid off the mortgage note, sold it, saved up more $, and now I have just under $250,000 in my high yield...
Hi everyone, I'm looking to start off in real estate investing. I've done a ton of research on BRRRR, flipping, wholesaling, and a bunch of other various strategies. They all have their various pros & cons. Given ...
I'm looking for recommendations for a future STR. Would prefer responses from people with actual, personal experience.Requirements:1. Single-family residence, not a condo or timeshare2. On the beach3. Cash flows.I'm o...
Hello,
Who here does not follow the 50% rule when analyzing/purchasing a property for long term hold? There are a few reasons I can see someone not using it i.e. they are relying on appreciation (not my cup of tea), ...
Why I'm Triggered
Every week I read stories on social media about someone’s unfortunate situation driven by the increasing cost of housing and wages that have not kept up….and I’m sick of it.
Part of me wants to mes...
Hello Everyone,
I was at a local real estate investor group meeting last night, and I was told something that I could not believe at first. I was told that amortizations are never good, especially for 30-year mortgag...
I do not wish to criticize, but I have found the Norris Group's postings (here and elsewhere on the Internet) to be long on theory and short on detail. It was claimed at another board that lenders exist for end buyer...
Bill Gulley posted in another thread that he'd rather have "5 150K properties than 20 32K properties, all things considered. Generally, less maintenance, less management efforts, fewer collection problems, less vacanc...
It might not feel like a jobs boom to many, but damn! Does it get much better than this!?Check out the historical unemployment charts for the United States, California, San Francisco, and the greater Bay Area.. Some i...
PART 1: INVESTING IN REAL ESTATE, the Why, the Where, the What, the How, and the How Much:
In mid-2017 my wife and I decided to go back to what had been one of our passions in the mid-90's, the ownership and manageme...