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8 August 2018 | 8 replies
My advice to my daughter and son-in-law as they did not want multi-family, either, and wanted to buy a home to live in, not just investment property, was to buy something that needs some work, plan to fix it up within the 2-year tax-credit time period, sell and keep profits tax-free, then buy another one that needs work and repeat until children need a solid school district.
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21 June 2018 | 4 replies
I know there is normally a seasoning period for the original property but from what I've read it seems like your original intention is what really matters.I had no intention of selling, but I also didn't know I might make a quick 30k.
21 June 2018 | 3 replies
Don’t sell, you had a huge surge toward wealth in a short period of time.
24 June 2018 | 10 replies
Then spend some time educating yourself prior to making any decisions!
29 June 2018 | 4 replies
Your question should be, How do I add value to a multifamily investor so that he teaches me how to invest.Your first step should be to invest in your education and begin to devour podcasts and booksGino
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25 June 2018 | 9 replies
I wish more folks posted in this manner, as it provides the roadmap, and allows for deeper inspection/education at each stage.
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16 July 2018 | 27 replies
I am hoping the education and access to MLS will aid me in finding better deals.
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11 July 2018 | 72 replies
YOU DO NOT need to go an expensive school to have a good job, and to be honest I don't think you need a college degree period.
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22 June 2018 | 4 replies
I'm currently in the due diligence period of closing on my first rental property.
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5 July 2018 | 31 replies
If you combine avoiding closed cities with MSAs that are growing and/or have more tax/business friendly outlooks and invested outside of them you stand a good chance of making some money. what I find is that unlike here in our market in PDX many of the folks I know out in the mid west send there kids to private academy's this has a direct effect on how much house they can own.. there is far more private education in those areas than we have here probably 10 to 1.. that is a great point.