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Results (2,174+)
CJ M. Gutsiest thing you did starting out in REI?
29 May 2019 | 72 replies
bought a distressed triplex full of immigrant tenants in a D class neighborhood with very little understanding of the people ,the area or the property... did I mention I had literally no reserves at all in case something went wrong .
Michael King Calling all Aussies!
9 December 2020 | 123 replies
There are visa options, or tourist entry, all with limited stays; or immigrating if you win the lottery.  
Nathan Gesner 20,000 posts . . . and at least 17 of them were useful.
9 January 2023 | 42 replies
As a first generation immigrant, I had to re-learn everything that I was taught.
Benyam Ephrem Investing In Real Estate In D.C. Metro Area?
4 April 2019 | 27 replies
So far here has been my self-education:Books Hold: How to Find, Buy, and Rent Houses for WealthFlip: How to Find, Fix, and Sell Houses for ProfitWhat Every Real Estate Investor Needs to Know About Cash Flow (by Frank Gallinelli) (reading currently)The Millionaire Real Estate Agent (ordered today)The Millionaire Real Estate Investor (ordered today)PodcastsBiggerPockets Podcast 1 - 68 (as of today)VideosGraham Stephan [since he had like <10,000 subscribers] (YouTube)Meet Kevin [since he had like < 20,000 subscribers] (YouTube)So I am a son of Ethiopian immigrants who came here about 24 years ago and I am extremely extremely lucky that we are fine financially and that my parents are paying for my college education (I really can't understand how lucky I am for that).I have always wanted to make the most of the circumstance I have been granted and...yeah...that's why I like self-teaching myself many things and real estate has become one of my intrigues right now.My "Plan" & QuestionI've been saving up for a while and my ambition is to purchase a rental my senior year for 3.5% down using an FHA loan (no idea what this fully entails, still figuring things out) and live in it for the mandatory period and then move when I leave college and get work and keep renting it out.I'll be looking for a place close to the university but at the same time I know that is probably hard because I once talked to an agent and he said that inventory was "tight" in the area.So I guess my question is...should I start investing in the D.C Metro area and follow my plan of getting a rental senior year and then moving out?
Engelo Rumora WTF is wrong with investors these days?
9 March 2024 | 261 replies
A contractor APP.....AI, Robots and Apps.....let's not do anything any more......sigh.....Good news is that this will open up the world to be taken over by people like those here. can you imagine how the world and real estate investing would be when genZ started becoming 42 years old, this is why they import immigrant Bruce, because their mind is not corrupted yet by AI,handyroboman and apps LOL LOL I love my latino's mateAmazing people that know the value of a dollar and hard workGod bless them 🙏
Benjamin Kanevsky Any areas out there for single families close to 1 percent rule?
8 December 2020 | 36 replies
If there are some kids that aren’t testing high because they are immigrants who don’t speak English as first language, it shouldn’t make much difference, especially for a rental property.
Joseph S. Who rents out a 5 bedroom home?
8 October 2022 | 17 replies
If you rent by the room, you could list it on a site like Padmapper.comIn the DMV area, we have a lot of immigrant workers who need to establish credit, and if you're flexible, that is a niche that needs to be served.I have one person right now in this situation, and without a lot of cash to put down or a guarantor (difficult for immigrants), they can find themselves in a tough spot.Likely, you can charge a bit of a premium if you are being flexible on credit. 
Josh Sidhu How Accurately is Inflation Being Reported?
28 December 2023 | 82 replies
A few years ago I could go to McDonald’s get a double cheeseburger and a medium chocolate shake3.50 now it’s 8$ and it takes twice as long to get ityour dollar is devalued my friend, it's not the cost of good is rising, your dollar losing value.for the laziness, this is why they important million of illegal immigrant to this country because people don't want to work. they even ask those people to join military lol
Jim K. GENERATIONAL WEALTH: Do you worry about your kids?
31 May 2024 | 111 replies
I have started to see that "Generational Wealth" is the source of instability for a lot of immigrant families as well, it's very different even when a legal immigrant has no "generational wealth" compared to a family that's illegal but has vast generational wealth (doesn't matter where the wealth is located because wealth is very transferable these days).Also what you mentioned above is true and it's why sometimes upward mobility class can't happen....
Dave Meyer Is Real Estate Still the Best Asset Class?
14 May 2024 | 164 replies
Is that because new home builds and laxed ADU laws can't keep up with 10s of millions of unchecked immigrants?