
9 March 2019 | 153 replies
The assumptions are as follows:A - All flipping money will be reinvestedB - Flipping returns to be 5%/yearC - All cash flow to be invested into flipsD - Flips start when both options accumulate $50k in cash flowE - Both start with $100k and all money is in play at the startF - REI Buy(RB) = 100%; Tenant Buy (TB) = 20%...TB can buy 5 propertiesG - Cash flow with loan = $5k/year; Loan pmts = $5k/yr; CF no Loan = $10k/yrH - Properties appreciate at an average of 2%/year; @ 30 yr mark = $190k/ea"Ladies and Gentlemen,...start your engines".RB:1 - 5 years at $10k/yr to equal $50k to start flipping2 - Year 10 (5 years of compound flipping) inc. $10k CF at terms above = $125k3 - Year 30 (20 more years) = $637k4 - 1 paid off property w/appreciation = $190k5 - TOTAL = $737 + $190k = $927k TOTALTB:1 - 2 years at $25k/yr (5 properties @ $5k/ea) to equal $50k to start flipping2 - Year 10 (8 years of compound flipping) inc. $5k CF at terms above = $280k3 - Year 30 (28 more years) = $1.66M (remember the CF component is for 5 properties)4 - 5 paid off properties w/appreciation = $5955 - TOTAL = $1.66M + $595k = $2.26M TOTAL

26 December 2023 | 13 replies
That is a bit of a gamble.

19 March 2015 | 115 replies
@Leigh C I did these things even before what happened to this lady, so no knee jerking here.

26 August 2015 | 47 replies
But stocks are gambling for most (unless you have insider information or disciplined monthly investing on the index over a long time).

25 October 2021 | 48 replies
Failing health, gambling debt, legal troubles, divorce, etc.

16 January 2024 | 12 replies
Her family member left this poor lady with a dead house which is one reason I'm trying to figure out a way to buy this house from her without ever having to deal with the family.

14 January 2024 | 10 replies
Im working with a lady that bought a property last year (January 2023) with her now EX-Boyfriend.

6 August 2023 | 6 replies
I know a builder personally who received funding from a lady who owned a cleaning franchise.

21 January 2020 | 12 replies
As for connecting, the REIA has 5 meetings a month- the General meeting is on the 2nd Tuesday (6-9), there's a "Roundtable Discussion" meeting on the 4th Tuesday (6-9), Breakfast on the Third Wednesday (8:30-10) and a Ladies only meeting the last Thursday (12-1) of the month.

17 January 2024 | 15 replies
I don’t have any STR but we do have a couple of cleaning ladies that come in and spend a couple hours at our house for $100.