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Recent content by 1050peter

  1. 1

    Is my math wrong or are my expectations unrealistic?

    I think you read in too much. I didn't say that flipping is worse than buy and hold - it all depends on your goals, your experience (e.g. are you a contractor or real estate agent), time horizon and market that you work in. I've actually done slow flips (buy, live and sell in 3-5 years) and...
  2. 1

    Is my math wrong or are my expectations unrealistic?

    Totally agreed. I actually aimed to make positive cashflow off the bat, knowing that there would be hidden costs and I'd really break even when all was said and done. And that has been more correct than I was hoping! I'm very happy with how things are going. But the high frictional costs and...
  3. 1

    Is my math wrong or are my expectations unrealistic?

    This is my first post on REIN. I think all new real estate investors should read this thread multiple times and I wished that I had read earlier. I'm about 5 years into taking real estate investing seriously, and only now am I seeing some properties generate fairly consistent positive cashflow...
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