Jack W. Wong
out of state investing
Hey all,I live in NYC and is a beginner REI looking to do out of state investing in SFRs in the 100-140k range. What steps do I need to take in order to get started? should i contact a agent first then lender or anoth...
Lee David
The Next Step - Business Plan Needs a Tune-Up
I have been at this game for about 10 years now and own/manage about 20 rental units in my mid-major city. They are 1-4 unit homes. Rental market is good and vacancy is not usually an issue. They are cash flowing de...
Gisele Sood
how do I know what is more lucrative: quadruplex versus residential
Hello! I wish to buy to rent with min rehab. I selected a few markets, but now I wonder what is more lucrative to purchase? Where do I find the stats/analytics to compare if it would be more profitable to buy storage ...
Jonathan Feliciano
What's it like having a business partner?
Hello BP Community,I'm thinking of taking on a business partner to do out of state investing. The idea would be to have some boots on the ground in the area I'm interested in investing.For those of you who have formed...
Heather Angelo
Wholesaling - Legal or Not? An Attorney's Perspective
First, I'm a newbie and lately I've been stalled due to the ongoing conversation/discussion on whether or not wholesaling is legal. There have been a plethora of opinions and heated discussions surrounding this topic...
Bien Nguyen
Longest Distance to Self- Manage First STR?
My husband and I are new to Bigger Pockets and have been wanting to own an STR and Bed and Breakfast in the future. We have goals of obtaining and running 3 STR's within 5 years or less as we both work full time, and...
Ashton Levarek
Apartment Syndications: Start small or Go big?
Over the past several weeks I've had multiple conversations regarding how to get started in multifamily syndications. And the common theme, or belief is that it is best to start small. In fact, a close friend of mine...
Ugochukwu Opara
How do I make 5k passively in real estate???
Hey,
My goal with real estate is to net $5,000 a month from rental income in the next 10 years. I'm currently a real estate agent in the Philadelphia area and I also do flips. The pay is great but its basical...
John McKee
NN Retail Just closed for $580,000
Here is a deal deep dive that I wanted to share:The property is a a former bank building that is now a Vet office. Cap rate is about a 7%. The deal was financed with $280K in cash and the rest using a home equity li...
Luke G.
Large House Split Based on # of People?
So I currently have 65 long term units that I own and I recently purchased my first property that I'll be going the STR route with.Basically, I just bought a large (4300 square feet) cabin on Lake Superior that is ess...