Today, in Sept 2018 the Stock Market is at 28,000. An all time high. The average wage is $26 per hour. It takes 1,077 work hours to “buy the market”. That is, if you buy one share each of the stocks of the Dow, the co...
I own a "B+" SFR in a HCOL university town with vacancy rates under 3%. I've owned this unit for the last 2.5 years and have had three turnovers since (first tenant broke lease after 5 months due to job loss and the...
You know most Hard Money lenders don't even know what CF is. Or think it's a scam. How long do you think it's going to be before CF's 9-10% wipes Hard Money's 12% out? Or perhaps there are massive rate wars and whe...
Purchase price is $300,000. Seller is willing to finance with 30% down. Space is zoned commercial and currently set up as single office but in need of work. I'd like to put up walls and turn it into 5 single offices f...
I have been setting up my plan moving forward and I decided that in 5 years I want to be making $4,200 a month in passive income. I haven't found my first deal but it seems reasonable for me to hit this goal in five y...
Hey all,
So I was looking at a 10-unit multi-family property the other day online and it was advertising an 8 CAP. But when I ran the numbers, the CAP rate I got was closer to 6. When I asked the broker where the 8 CA...
Heres my situation: I'm house hacking my condo in Santa Monica, owe $346k and its worth about $460k. I have about $50k in cash outside of retirement to use toward another property. The ultimate goal is to create some ...
This is not a guide to how to prevent an eviction in coronavirus America. It is our story regarding a close call with some bad tenants. Our FIRST tenants actually. And here it goes!
This article outlines the experie...
I'm in the process of buying my first rental property in Lincoln Park and in a sticky situation. The owner claimed it was zoned as a 3 flat, but the zoning certificate came in as a 2 flat a few days before closing. ...
I was in contract to buy a SFR property in Charlotte, North Carolina and had paid a $5K earnest money deposit. This was back in February 2021. Now sometime in June, I heard from their agent that the SFR was nearing co...