31 March 2019 | 9 replies
> Virginia is a separate plan, I still like the numbers but to do both simultaneously?

19 September 2019 | 40 replies
If you are bleeding (expenses more than income) focus on increasing income first while simultaneously cutting back expenses.

13 September 2021 | 43 replies
At one point, I was simultaneously flipping homes, doing lease options, wholesaling, wholetailing, buying rentals, buying land, managing properties, hard money lending, and a few other things.

23 May 2020 | 48 replies
A simultaneous posting perhaps?

25 April 2024 | 209 replies
One example is writing multiple simultaneous offers when the buyer can only afford to make one purchase at best.So...

5 June 2024 | 116 replies
This phenomenon explains how people might be unaware of their lack of knowledge while simultaneously believing they are more knowledgeable than they actually are.I hate the phrasing "you don't know what you don't know".

16 June 2020 | 99 replies
The larger the DP, the more "you" paid for the property since the rest of it, if leveraged, is paid for by the tenant...as long as you have positive CF.Example: $100k property; Cash Flow without Mortgage = $10k/year; CF w/ mortgage = $5k/yrOption #1 - 100% cash purchase of 1 propertyCost = $100k; Equity = $100kCF/Yr = $10k# yrs to recovery of cost = 10Profit after 10 years = 0Option #2a - 20% DP; financed = $80k of 1 propertyCost = $20kEquity = $20kCF/Yr = $5k# yrs to recovery of cost = 4Profit after 10 years = $30kBoth properties appreciate the same based on $100k in property valueOption #2b - 20% DP; financed = $80k times 5 properties (using the same $100k)Cost = $20k/property = $100kEquity = $20k/property = $100kCF/Yr = $5k/property = $25k (5 propertis)# yrs to recovery of cost = 4...all 5 are recovering simultaneously Profit after 10 years = $150kAll 5 properties appreciate the same, but the total appreciation is now based on $500k in property value, meaning you would be gaining appreciation 5 times faster than the first 2 Options.

13 January 2023 | 28 replies
Quote from @Leo Ray: Quote from @Robert Gibbs: Quote from @Leo Ray: @Robert Gibbs welcome, and good luck on your investing journey.My two cents: a house hack (which can be a single fam or small multifam property) is the best way to start off--and is a far better strategy for a beginner than an OOS property.A good house hack will simultaneously lower your living expenses while increasing your income (the fundamental recipe for building wealth), it will teach you many of the essential skills you'll need to succeed in REI (like due diligence, tenant screening, property management, etc.), and--importantly--it's MUCH simpler and easier than other strategies like OOS investing (which tends to have a lot more risk and a much steeper learning curve).

30 January 2023 | 26 replies
It takes an avoided passive expense (avoid property manager), creates a passive expense (property manager) and simultaneously creates an active income (self-manager LLC).

1 February 2023 | 114 replies
Which is also bad at the same time for getting a decent deal, since supply cannot keep up with demand and prices go up, and rentals don't adjust simultaneously.