
23 July 2019 | 2 replies
"Crap, he's dead", I thought to myself.

23 July 2019 | 4 replies
I dont want to get in a legal battle but I have spent More money on this one tenant than any of the other stuff ones combined.

6 August 2019 | 41 replies
I guess:better financing termsmore available options to purchasedon't have to pay any utilitiesmore flexibilitylonger term rentersless tenants to manageWhat it wouldn't have is:ability to scalecan't force appreciationless renters so even though vacancies are less, the cost is higherBut my primary thing is, if I can buy 5 houses for $500k with 100k down making 8k a year combined, why would I buy an 8 plex 5 or 6 cap where I just break even?

25 July 2019 | 9 replies
For this, I think we will max out between 3 - 5 units with a combination of SFR, duplex, or triplex.

9 August 2019 | 16 replies
Ideally, forced appreciation is combined with market appreciation to accelerate the long term wealth building.

23 July 2019 | 1 reply
The deferred maintenance included exterior damage to the stucco and woodwork, plumbing and electrical systems that were substandard, and interiors that had not been updated in 25+ years.Numbers:List Price: $1,250,000Purchase Price: $1,080,000Rehab & Operating Budget: $378,000Total Project Cost: $1,458,000Total Equity Raised: $361,066Total Debt: $1,100,000 combination of purchase & construction debtPost-Rehab Sale Price: $2,127,500Immediately upon close of escrow, we set out to accomplish two things as quickly as possible and at the same time.

24 July 2019 | 2 replies
Hello I have a home I want to perform the BRRRR strategy on but I’ll be honest my credit is crap from my old way I use to handle my finances but it doesn’t reflect who I am today.

24 July 2019 | 6 replies
This would reduce my monthly cash flow by $150, but give me 18k or so after closing costs.The 18k combined with my current savings would free me up to purchase my next rental now.

29 July 2019 | 3 replies
My dude, you're making this way more complicated than it is.Gathering the data to input into these indices would take more time than finding great deals.I won't poo-poo all of them, but for example index #2, list price to Tax Assessed Value, with all due respect who gives a crap?

26 July 2019 | 5 replies
and a choice of affordable perks the tenant can choose from that also maintains or improvs the property and when combined with a reasonable rent increase you are more or less doing the improvements on the tenants dime. win win.