Comments on: Intro to Real Estate Investing http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/ Learning and sharing investment knowledge. Thu, 04 Dec 2008 21:19:37 +0000 http://wordpress.org/?v=2.0.4 by: Online poker calculator. http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-239665 Wed, 09 Jan 2008 17:16:27 +0000 http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-239665 <strong>Free cheat software for online poker....</strong> Online poker calculator. Play online strip poker. Online strip poker. Online poker. Online poker software. Online poker tracker.... Free cheat software for online poker….

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]]> by: Ken http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-6538 Sun, 01 Oct 2006 17:29:52 +0000 http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-6538 Phil, I here people always say "you can't cashflow here or there". These people need to define what they mean. Just saying that you can't cashflow is never true because you can always cashflow. The question is what are your parameters? Phil, I here people always say “you can’t cashflow here or there”. These people need to define what they mean. Just saying that you can’t cashflow is never true because you can always cashflow. The question is what are your parameters?

]]> by: prlinkbiz http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-6537 Sun, 01 Oct 2006 17:15:44 +0000 http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-6537 LOL Phil John- one word: Leverage. LOL Phil John- one word: Leverage.

]]> by: Phil John http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-6398 Sat, 30 Sep 2006 18:07:21 +0000 http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-6398 "All it takes to make a property cashflow positive is to make a bigger downpayment. " That is like saying "All it takes to become an olympic weightlifter is to ignore the first 500lbs". If you have to put a big downpayment on a house to make it cash flow positive, it is not the right house to buy for cash flow. Especially when that same money could be in a CD earning 5% with almost no risk of capital loss. “All it takes to make a property cashflow positive is to make a bigger downpayment. ”

That is like saying “All it takes to become an olympic weightlifter is to ignore the first 500lbs”.

If you have to put a big downpayment on a house to make it cash flow positive, it is not the right house to buy for cash flow. Especially when that same money could be in a CD earning 5% with almost no risk of capital loss.

]]> by: Thomas http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-6255 Fri, 29 Sep 2006 19:59:29 +0000 http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-6255 Ken, welcome to the team. What do you think about going the Tenant in Common approach and fractional ownership of large properties? I am looking at a Class A office space TIC in Atlanta. Ken, welcome to the team. What do you think about going the Tenant in Common approach and fractional ownership of large properties? I am looking at a Class A office space TIC in Atlanta.

]]> by: Ken http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-6222 Fri, 29 Sep 2006 15:56:54 +0000 http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-6222 Jason, First, you can have positive cashflow on any property. All it takes to make a property cashflow is make a bigger downpayment. If you pay all cash for the whole property, it will cashflow. The question is, how much downpayment are you willing to pay to get the postive cashflow? Some people will consider 20% and positive cashflow good. Others want positive cashflow with 0% down. You can find positive cashflow with 0% down in many many areas of the US. The trade off may be that there is no or little appreciation. I'll put some real examples in the coming days on my next articles. Jason,
First, you can have positive cashflow on any property. All it takes to make a property cashflow is make a bigger downpayment. If you pay all cash for the whole property, it will cashflow. The question is, how much downpayment are you willing to pay to get the postive cashflow? Some people will consider 20% and positive cashflow good. Others want positive cashflow with 0% down.

You can find positive cashflow with 0% down in many many areas of the US. The trade off may be that there is no or little appreciation.

I’ll put some real examples in the coming days on my next articles.

]]> by: After reading rich dad poor dad » I’m a geek! http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-6220 Fri, 29 Sep 2006 15:51:35 +0000 http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-6220 [...] Today, my first article was published on Investorgeeks.com.  It’s basically an introduction article which just sets up future articles that I’m going to write for them.  Investorgeeks.com has been weighted towards the stocks and paper asset side so I hope my real estate articles will help them become more balanced. [...] […] Today, my first article was published on Investorgeeks.com.  It’s basically an introduction article which just sets up future articles that I’m going to write for them.  Investorgeeks.com has been weighted towards the stocks and paper asset side so I hope my real estate articles will help them become more balanced. […]

]]> by: Jason http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-6185 Fri, 29 Sep 2006 12:22:27 +0000 http://www.investorgeeks.com/articles/2006/09/29/intro-to-real-estate-investing/#comment-6185 Welcome aboard, Ken. I've read the <em>The Real Estate Coach</em> (need to get that review up). They use a wheel to describe their REI approach. The spokes of the wheel are cash-flow generating properties, like rental homes and quick flips. The center of the wheel is a "negatively-geared" property bought for appreciation. The analogy is decent and gets home the idea of using cash-flow-generating deals to fund larger real estate deals. If you're not flush with cash, you're going to have to raise money somehow: through other work, by flipping homes, or by buying "positively-geared" rental properties. Let me focus on this third one for now. The three biggest concerns I hear from people worried about investing in rental properties is: 1) It will take too much of my time to manage the property. 2) The repairs I'll need to make to the home (from unruly renters) will overshadow any profit I could make. 3) Okay, Jason. So I could hire a property manager and get renters insurance to cover 1&2, but then will I still be able to make a profit on the rental? So that's my question I guess. Is it possible to still have positive cash-flow on a property after hiring a manager and getting renters' insurance? I'm sure a good answer is "maybe". One has to find the deals in their market. Books and REI pundits make it sound easy as cakes. I'm interested to here from the real guys like yourself how easy or difficult it is to find these deals. Welcome aboard, Ken.

I’ve read the The Real Estate Coach (need to get that review up). They use a wheel to describe their REI approach. The spokes of the wheel are cash-flow generating properties, like rental homes and quick flips. The center of the wheel is a “negatively-geared” property bought for appreciation. The analogy is decent and gets home the idea of using cash-flow-generating deals to fund larger real estate deals.

If you’re not flush with cash, you’re going to have to raise money somehow: through other work, by flipping homes, or by buying “positively-geared” rental properties. Let me focus on this third one for now.

The three biggest concerns I hear from people worried about investing in rental properties is:
1) It will take too much of my time to manage the property.
2) The repairs I’ll need to make to the home (from unruly renters) will overshadow any profit I could make.
3) Okay, Jason. So I could hire a property manager and get renters insurance to cover 1&2, but then will I still be able to make a profit on the rental?

So that’s my question I guess. Is it possible to still have positive cash-flow on a property after hiring a manager and getting renters’ insurance? I’m sure a good answer is “maybe”. One has to find the deals in their market.

Books and REI pundits make it sound easy as cakes. I’m interested to here from the real guys like yourself how easy or difficult it is to find these deals.

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