Hi everyone,
I'm trying to get a sense of where I should start my RE investing career. I'm interested in New York due to my proximity, and Florida since I have family and a few friends that live in the Miami and Fo...
Greetings! I am trying to build up a rental investment business in KC to provide passive income to eventually replace my primary income. I need some strategic and tax advice.
Here is the Background:
I own a 4 bedro...
We are starting to grow our buying agent network to BRRRR in our selected geo. I’m on the fence whether to let them know we are looking to purchase 20 to 30% under market value. Buying under market vale it’s importa...
Hello BP'ersI'm writing this post to either complain about losing my first wholesale before I got started, or get some advice as to how I could handle it from here. I found a boarded up multiplex (3 large units). It i...
Hi Everyone,First, thanks in advance for any information on this subject. I'm looking at a two flat in Chicago, Rogers Park 60626. It has enough space to make a nice three flat, but I'm concerned about zoning issues. ...
Doing FI (financial independence) math is simple when you're only invested in stocks/bonds. Knowing your savings rate, and expenses + using tools like Networthify/FIREcalc get you there pretty quickly. MMM talks about...
I'm wanting to invest in real estate more, but I am short on cash/liquid assets. I currently have a rental property in the San Fernando Valley that's valued at approximately 310k (maybe a bit more) with about 210k loa...
Hi - can somebody please explain why the mortgage expense is removed from the NOI when calculating the Cap rate? A mortgage pmt is a monthly expense, so if you account for it when you determine your NOI, why is it re...
So I may just be officially not getting it but when I look on craigslist New Western and Net Worth are EVERYWHERE. I get multiple emails a day from them just in my area. Is it the power of marketing and the dollar b...
I’ve gotten to the point where I am ready to purchase my first property. I’ve researched the market, completed over 50 property financials to get comfortable with it, and have read numerous books.I WAS NOT READY FOR W...