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My wife and I are looking to acquire a 2-3brm vacation rental property in Big Bear, CA. My plan is to do a BRRR style acquisition (Purchase in cash, value add rehab, get online with airbnb and vrbo, then refi or dela...
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Hey Guys!This is my first time posting an analysis on here, so please let me know if I'm on the right track. It's for a duplex that I plan to live in, but in my calculations I'm renting every unit (so, as if I've mov...
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Hi Guys,Perhaps you see what seems to be a Multi-Family property that you are interested in on a website or MLS, etc. Some of the important property evaluation numbers are there, but many are not. At what point do you...
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So this would be my first deal and I would like some honest feedback. I need to know if I'm biting off more than I should chew.
Triplex asking $220K
2B/2Ba each unit
Good neighborhood and schools
Rents 1x$600 2x$650 ...
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I'm currently reading "Millionaire Real Estate Investor". I just read something that has me absolutely salivating. The author says that you can use your IRA funds to purchase real estate investments without pulling th...
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I think I'm ready to make the first investment, in terms of knowledge, a precise plan to follow and stick to. I'm starting to get a little nervous about my financial situation. Savings: only around 5k, Debt: vehicle...
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Hello everyone. I purchased a 9 unit apartment on 12/21 of last year. I have a few questions regarding taxes and depreciation.1. Do I need to file taxes for the property when I didn't earn anything the first 10 day...
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I don't know if this is in the right place or not. My question is when were you able to give up your job and just take care of your properties full time? Is there some rule of thumb to use in determining when you shou...