I own about 6 million in real estate. There is three million net worth, most of that equity, some cash on hand (1 million). I cash out refinanced last year to buy more properties. So my cash flow was reduced of course...
Good afternoon. I've been a member for 4 years or so, but I got distracted for 3 of them. Now, the fire is lit again, and I'm motivated. I have been in discussion with 3 owners of a single family home that has been a...
So 6 months back I bought a sfh with the intention of giving this brrrr thing a shot. I wanted to end up having zero dollars of MY MONEY in the project. Hasn't worked out that way mostly because of the refinancing p...
I live in california but want to invest for cash flow, not appreciation. I've done some research on prices in some of the areas people talk about on here where monthly gross rent multipliers are as low 30-50. Is thi...
Hi All. I'm looking at a couple multifamily properties in Northern Michigan (local to me). They don't seem like good buys, but I'm concerned that I may just have my expense numbers wrong. Below is one of them. Am ...
Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION?? I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transit...
My question is about the 20% down for obtaining my second investment property. I have the cash, but I don't believe it to be wise to put down 20% if I am purchasing a property that already has 20% equity.
My current...
Wenatchee best kept secret in the US.. Money magazine has it as top 25 places to retire.. Recreation paradise.apples have been replaced by vineyards and wineries.. Lake Chelan one of the 10 wonders of America.Leaven...
My wife and I are just starting in the rental RE. We have purchased a SFR (cash negative) in Sacramento, CA area few months ago. We know that it is currently cash negative but given our income from W2, we are able to ...