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My investment account is currently worth $380k. Would you cash it in in order to make a 25% down payment on a 16 unit apartment complex? I would have to pay about 35k in capital gains. Here are the numbers: $1.4 m...
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My agent thought I was insane when I wanted to buy the house everyone else had overlooked because of the *five* structures in the back yard. (So many sheds!) Well, I’m the crazy person with a creative vision and where...
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Hello,
New investor wannabe here. I am still deciding whether I should do a flip first or buy a multifamily rental.
If I decide to go the multifamily way, but not live in it, I realize that I'll need a...
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Ok so I read the beginners guide. Learned just about as much information that a book can teach. I went to several seminars and orientations where I learned about how much money and what people have done. Now I am s...
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I am working on getting my second rental ready that I am currently living in. I want to be able to move out of this home and get another. In July my first rental will have 2 years of tax returns.Does my first homes ...
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Hi,I started investing in 2012, accidental investor but here I am, I have 5 properties, 2 long term rentals, 2 vacation rentals, and my own home. I quit my job to keep my sanity so now I depend on my houses and some w...
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I’m trying to look out of state to purchase a rental property in Florida and wanted to see where some good places would be based off of peoples own experiences with rentals down in Florida. Anyone’s experience would h...
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Hi,
I will be buying and renovating a property without a loan and would like to pull out the money after the rehab is done and the property is rented.
I spoke with a few lenders and the problems I'm facing are:1. Se...
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Hello everyone! This is my first forum post. I have a few questions.
So far, I've just been listening to podcasts & videos and I'm going to begin reading books on real estate this week. I also want to connect wit...
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Here's the scoop. I'm being asked by my employer to move from our Greenville, SC office to Asheville, NC. I'm looking to physically move from zip 29642 to 28806, but thanks to Bigger Pockets, I want to capitalize on...