All Forum Posts by: Varinder Kumar

If your making more money here in California I would recommend purchasing out of state rentals but what ever you do try to buy free and clear with out leveraging, dont go out and buy 10 properties, buy 2 free and clear.

Taye

Yes I agree you cannot list it as 2/3 if not permitted.

http://www.ngystones.com/ check them out. I got cabinets for $2500 ready to assemble.

@jason 

You can get the bathroom inspected if there needs to be fixes done to bring it up to code then you can proceed to do that. I would recommend you pull permits and have it done to code so you can avoid future issues when selling the property. Also by pulling a permit its going to help with your resale value. Buyers always ask if additions are permitted, it gives them a sense of security knowing that it is, just as you asked your realtor if it was permitted or not. I did a complete rebuild last year and subcontracted 80% of the job and 100% of it was permitted and inspected. Today it holds 170k in equity. Get the permit brother!

John "Sanderson" excuse my spelling on the last post.

At what age do you plan on retiring, considering your REIportfolio?

Matt Hoyt 

Brother Matt, how much cash flow a month do you need to live a the type of life you want? 

John Sanders 

At what age do you plan on retiring, considering your REI portfolio?

If you guys dont see it by now then you will never agree with it.

Lloyd

Just answer this question. I own 100 SFRS funded by leveraging each other against each other, or I own 10 free and clear. Which one would you rather have?