I'm just about to close on my first rental property -- a duplex. Currently, my wife and I contribute the yearly maximum to our employer 401K plans to decrease our taxable income. However, now we are considering r...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $198,000
Cash invested: $15,000
Small corner multi-family 2 unit building built in 1960. Has separate heati...
Just closed on my second buy, rehab and sell. Both properties were brought to me by a contractor friend. That relationship has gone south and I'm looking for new ways to find properties. I have a new contractor lin...
Good morning everyone, Here is my situation,TLDR: Should I use my heavily subsidized student loans, which may become grants if I complete a student program, as a means of getting started in real estate?I'm currently 2...
I own several properties in Columbus, Ohio. Mostly in OSU campus area. Business is good but new/good properties are hard to come by. Therefore , I'm looking to expand.
How is the categorization of properties done? A/...
Early this month, I made an offer to a house that is bank-owned. They countered asking to close on March 3 with penalty if delayed. Up to now, both listing and my agent never heard of anything from the lender. We h...
Can I use a 1031 Exchange to buy another house, then "put it in service as a rental" for a short period of time of 6 to 12 months. After renting it for 6-12 months, then evict the tenants and move in as my new princip...
Hello,I'm looking for a HELOC for a fourplex in Tempe, AZ. I've called every credit union and the big banks don't seem to be doing HELOCs right now...anybody have recommendation?Thank you!James
So after probably too much research, I'm looking to take a leap into some buy and hold or perhaps BRRR investing, but I'm short on savings, while long on IRA assets. Rather than wait any longer, I've decided to use m...
** Of Jobs**Having snagged your attention there, I'll rephrase:How many of you out there have quit your jobs because of inspiration from BiggerPockets?I know I'm one of them... though I was only a quitter for a few we...