I totally get why you should reinvest profits from rental units. But what do you do with those profits? Say I am cash flowing $30K/year. What should I do with that? Save up for a down payment on another unit(s)? Pay ...
I'd like to accumulate more properties using BRRRR but it also means I will be acquiring more debt. At some point the debt will be too much beyond my normal job that I will need to rely on the cash flow from propertie...
Hello,
Using my duplex, I’m thinking of adding 200 sqft (which includes a bathroom onto my detached rear unit making it a 2/2 unit. I also want to add an additional unit on top mirroring the floor plan below.
My du...
I am seeking suggestions on how to prepare for retirement effectively. My aim is to maximize my monthly income to supplement my retirement fund (CalSTRS) after 25 years in education, within the next five years. Additi...
Hi all,Situation: finishing 100% short term rental on second structure on property of current home. Should rent for neighborhood of $200/night on average and is available 100% as soon as we finish, hopefully before ...
Hi bigger pockets, back again,My sister owns a home in Huntington Beach California, about a mile from the sand. Recently appraised at ~$820k that she inherited from our grandfather. Her and her family have lived in th...
I posted about buying in another market a while back, well I am continuing on that path and have one of my rentals in Greeley under contract to sell. My plan is to sell three of my rentals here and refinance 7 others ...
Hello,I've spent a lot of time trying to get educated on real estate investing over the last year. It seems almost all investor advice focuses on cash flow. I get that, but I also recognize I've made a killing in appr...
I'm so intrigued by the idea of house hacking and want to take advantage of being able to use such little capital in order to get more and more properties under my belt, but I was wondering if anyone is out there havi...
So... market is clearly shifted towards a sellers market but that doesn't mean landlords cannot take advantage with current holdings. My thoughts have shifted as I age toward retirement so here are some of my previous...