Rich Weese
I still like new const over rehabbing
I've previously posted results of homes built recently compared to rehabbing. Due to our area BOOMING with new buyers, my most recent closing is what I consider a home run. From first shovel to receiving escrow closin...
Federico Morales
Rent is not as much as a mortgage would be
Hello guys,I am curious if anyone else has had this experience: I have a property (SFR, 3bd/2bth, 1300sf, recently remodeled) in the Sunol neighborhood of San Jose which rents for about $3,800 per month. Now, if I tak...
J. Martin
In contract on first NEGATIVE CASH FLOW deal, and EXCITED! Thoughts?
I'm getting into a negative cash-flow deal to "speculate" on appreciation and future cash flow, after we can finally rehab the building, and using another cash flow deal to support it. Anyone else doing this? Thoughts...
Ernesto Hernandez
Saving You Time Edition #3 - Real Estate Loopholes ($/Poor Dad)
Disclaimer - I type out the notes as I go, on my iPad. Grammar mistakes highly likely.Real Estate LoopholesWritten by Kennedy and SuttonPart One: Being Smart You need to learn to OPEN tax loopholes for yourself and CL...
John Arendsen
When Will They Start Calling Mobilehomes Manufactured Home?
I have to giggle up my sleeve every time I see the Manufactured Housing Industry continue to shoot itself in the foot. In the last 150 years we've managed to come from a Horse and Plow to a John Deer, from a Horseless...
Account Closed
Buying Second Turnkey
I currently have one SFH located in Little Rock, AR purchased via turnkey. My long-term goal is to build a rental property portfolio that will ultimately exceed my earned income. I understand turnkey properties come...
Jason Malabute
HERE'S WHY I DON'T THINK WE'LL SEE A MAJOR CORRECTION FOR A WHILE
We all know the saying, “what goes up must come down.” We also know that the real estate market is cyclical. Historically, real estate cycles have lasted 8-9 years. However, we have been experiencing property values g...
Sean Bramble
Home value declines in 2nd home markets
Hey everyone - I’m listening to the latest On The Market podcast and they are specifically talking about value declines in 2nd home markets due to demand from 2nd home buyers drying up due to rising rates/ affordabili...
Account Closed
Buying properties to simply break even?
Hi all! I know what you all are thinking.."investing for 0 cash flow?" but looking at the current market in my area that's how the numbers seem to work. In my area, Phoenix Arizona (specifically Tempe, a college town)...
Monica Boyles
Considering buying a small multi-family out of state...advice?
Hi all - looking to buy my first 2-4 unit multifamily (or possibly STR). I live in the San Francisco Bay Area, so buying locally doesn't make sense. I've been looking at more remote but still desirable parts of Califo...