Ive been a REI since Jan 2010 when we acquired our first distressed property, a SFH, with the sole intention of rehabbing the house and converting it to a rental. Prior to this I knew NOTHING about being a REI. But...
I love real estate investing, its awesome. However, in my personal life, I'm a minimalist. I really could invest more if I minimized my personal expenses. My idea..... Buy a lot of land somewhere, preferably 30 min...
My strategy for this year (2023) is to:
1. Buy two 500k multifamily units (or one 1m multifamily unit) - ideally they break even.
2. Cost segregate both properties and generate close to ~150k in passive losses, ~...
Hello BiggerPockets community, I bought my first STR property in January, rehabbed it, and now it's already in the market and generating income. I'm ready for the next one but I lack knowledge for the whole BRRR stra...
Question team, I am building capital, I have also listen to a million podcast, read the books, and have one rental. Right now my problem is time. I want to invest in either small businesses, real estate, or just the m...
Hey All,Question for the masses here. I bought a house that I intended to flip. During the project, a bunch of things came up that were addressed that made me go over budget and over my timeline. The house, however, i...
Hello BiggerPockets Forums,This is my very first post with BP, but I am ready to reach out and learn about what REI has to offer. To give some context of my plan/vision, I will be moving out to Denver, CO in the Summe...
I get email virtually every day from people who want to know where to find buyers for their wholesale deals. I see countless posts on here of people asking where to find buyers. So I figured I would put together most...
Hello,Has anyone had any experience in choosing their first rental property to invest in EVER, to be out of state? Like the full experience of acquiring a property, managing the rehab, and then managing the rental aft...
We are new investors and looking to put an offer down on our first property in the next week as a STR. My question is for tax purposes, are we hurting ourselves in terms of the qualification of materially participati...