I recently left my career in hotel event planning and group sales because I decided that if I am going to be spending 60-80 hours/week working, I would rather put those efforts towards something that will yield better...
I know the general rule of thumb is that you put aside 35% of your rental income for repairs/maintenance. Is there ever a point where you don't need to set it aside anymore? Common sense would tell me no because thing...
Below are the variables ( known to me) impacting the inflated housing prices now
1. Growing population = More demand
2. Low interest rates = more affordability
3. Stalled production due to pandemic = Low supply
...
Learning the hard way...I decided a while ago to get into real estate as an investment vehicle to better provide for my growing family. For over a year I’ve been studying and searching the listings. Being blind and ne...
They say you should always start with why; that what you do is not nearly as important as why you do it. The saying really plays to persistence and strong will - it reminds us to think deeply about why we do what we d...
New to Forums, looking for some seasoned guidance on my journey.
About me:
Profession: Property Management/Dir. of OpsAnnual Income: $160k/yearCredit Score: 700+Savings earmarked for continued investment: $25k
Situ...
So I have a bit of a dilemma without even begining my great REI career. Just a bit about me:
I earn an above avg income
Owe 245k on my personal residence (married 3 kids). No other debt.
My long t...
I have been looking to add self storage to our rental portfolio for a while. I was able to go under contract on a 1 acre (plenty of room to add more) 25 unit mom and pop self storage facility. They are severely under ...
They say you should always start with why; that what you do is not nearly as important as why you do it. The saying really plays to persistence and strong will - it reminds us to think deeply about why we do what we d...
I purchased a 4 bed, 4 bath 2100 sq. ft. home in Oct. 2017 ($298k...Allen, TX). Since then, I have had a couple life changes (grown daughter moved out and broke off my relationship). I am now paying $2300 (w/HOA) per ...