All Forum Posts by: Daniel Easley

Hi Jaysen, the value may be 350k to be conservative and market rent at $2,000mo. I was also thinking about finding a 12+plex out of state as a 1031 exchange where I have family and can put the right team in place to manage it. Ya definitely going to speak to accountant.

Hi Biggerpockets family,

I am in search for advice on entering into multifamily investing. My goals are buy and hold longterm focusing on cash flow. I’ll be inheriting a property free and clear, and wanting to move back down to the San Diego area. 

My thoughts are to never sell real estate, and keep the cash flowing rental of the free and clear property while taking a Heloc out of it as a down payment for a small cashflowing multifamily deal. The second option I wanted advice on was whether or not to do a 1031 exchange of our inherited property into a larger asset in SD.  

I really appreciate your time in sharing your wisdom!

Hi guys,

I'm in the Inland Empire of California. Just starting to read on how to get started in real estate. I am hoping to find a mentor, but for now my plan is to get my real estate license to learn the jargon, and continue to educate myself on how to spot deals. My grandfather owns the homemade I am staying at right now, and two empty lots across the street. He mentioned about selling this home and getting another's one for my wife and I. Although, I'm wondering if it would be wiser to keep the one I'm staying at because of its location, and if I fix it up it would be worth a lot more in the long run. I am just so green but dying to learn real estate investing. Open to any suggestions on a proper path.

Hi there i would like to invest in the Dominican. Has anyone done this before? I am completely new but am interested in rental properties that my family can manage while I live in the United States.