Some Real Estate Investing Advice

Based on this, I see had I got the home at $475k level (or whoever got it), they cap rate is 4.15% (like dividend) and appreciation is 4.85%, both together comes to 9% return on investment.

For fortress where the main cost is land, is perfectly ok because the cost of the structure is much less than the cost of the land, and the cost of the appliances is much less than the cost of the structure. Bought twice and overpaid in South Bay with zero contingencies. Is a norm in South Bay that seller conducted an inspection and put up disclosures online. Is not like Texas where seller tells you very little and you have to do your own inspection and whatever due diligence necessary, so always buy with contingencies in Texas.

Not seeing all 47 tips, but hereā€™s 5 for yaā€¦

https://www.forbes.com/sites/forbesmarketplace/2017/09/12/47-expert-tips-anyone-considering-investing-in-real-estate-needs-to-read/#69d6bbfc2933

He is weak in Math, does not know how to count ! :joy:

or the the remaining 42 are for paid subscribers only!!! Hey, information is not free anymore gangā€¦

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After you saw the first 5, no need to see the remainderā€¦ :wink:

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Yes, it works and works wellā€¦ :wink:

https://realestate.usnews.com/real-estate/articles/the-5-biggest-mistakes-real-estate-investors-make-and-how-to-avoid-them

https://www.forbes.com/sites/forbesrealestatecouncil/2017/10/27/eight-ways-to-determine-if-a-property-is-a-good-real-estate-deal/#7eff9ca275d9

The 1% rule is fantasy, especially in the BA

1% rule in SFBA means 1% yield, gross annual rent over purchase pricešŸ˜€

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Flipping is goodā€¦But in this market why sell?
Just buy, rent out and let the market add value. .Donā€™t need to bother with sweat equityā€¦

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Where do people obtain money for purchases? Flipping allows them to earn cash to invest. :wink:

Go to Keirtsu, start a fundā€¦

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Thatā€™s assuming you can convince people to give you moneyā€¦ itā€™s a whole different job unto itselfā€¦ :rofl:

Money follows good ideas. .Lock in great deals and money will followā€¦But of course you have to establish relationships firstā€¦

So far I have 2 investors who gave me money to invest. And one of them is a family member. Not easy by any means. And you always have to be accountable with their money. Itā€™s like reporting to a boss all over againā€¦ :rofl: Much easier to invest with your own moneyā€¦ more freedom and no need to be accountable.

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