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22 February 2025 | 2 replies
If you were to lay out your 1 - 3 year goals, what type of investments are you looking to start with and where do you see yourself in 3-4 years?
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22 February 2025 | 18 replies
The profit that you will make from real estate will be life changing, not the 10k or 50k a year for a couple of years.
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22 February 2025 | 18 replies
I do hope we move and stay in San Diego long term (20+ years) like I have with Chicago (40 years).
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14 January 2025 | 25 replies
You could wait to close until you have your license and rather rental arbitrage the unit from seller until then.
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21 February 2025 | 2 replies
We vacation for free every year, and rent them out while we aren’t there.
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20 February 2025 | 7 replies
Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.
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22 February 2025 | 8 replies
I am trying to figure out if this is worth pursuing: 2021 build3 bed 2.5 bath 1 den Fenced in pool40k down40k ballon in 4 years 0% no payments Interest rate 3.125%PITI - 2961BALANCE 418000Estimated value 495000rent estimate 3200 You don't want to learn how to analyze it.
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20 February 2025 | 5 replies
Quote from @Salah Azar: Chicago Investors: How Has Your Mentality Changed in the Last Two Years?
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18 February 2025 | 9 replies
If you held the flip for 2 years then sold- then you could potentially do a 1031.
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16 February 2025 | 5 replies
For context I have a tenant who has been in the property for close to 10 years.