I am a newbie to real estate and I want to get started this year. I want to try house hacking and using an FHA loan. I want to invest in Long Island, NY, but the prices are so high with most houses above $200,000.
I ...
What's a reasonable cash-on-cash Short Term Rental return with 7.5% rates nowadays? Feels like 12-15% is solid, while we expect to refinance in the years ahead at a point or two lower. Any strong opinions?
Hi Guys,I am an out of state investor that purchased my first duplex in Cleveland, OH last year. I'm already negative cash flow on this rental because of unexpected repairs and tenants not paying. After turning over ...
Disclaimer: All investment strategies and investments involve risk of loss. Nothing discussed below should be construed as investment advice.
So, you’re in your 20s, have a job and are finally making some money on yo...
I'm a first time buyer and am going through a stage of extreme indecisiveness now. I made an offer on a 3 bedroom in Brooklyn, and it was subsequently accepted - the offer was about 10% below an already lowered asking...
Hello,
Just wanted to ask this to make sure I understand the tax ramifications correctly before venturing into a buy, fix, sell property.
If I owned the property and sold it in under a year, lets say...
Quick context for me: I'm 28 and purchased my first home (multifamily) in early 2021. The rehab of one unit was very costly, but I've ended up with a homerun with my interest rate and my current equity value. Since th...
I am 20 years and I live in Fresno, CA. I wait at a restaurant and I bring in about 2k a month from my paychecks and tips combined. I really want to just buy a small multi-family home already and start house hacking. ...
So just got some news today from my employer that I didn't exactly need to hear - most likely going to be laying me off at the beginning of October.....Normally I would see this as a huge problem - no job means no inc...
Hello BiggerPockets members!I'm considering signing up for the Massachusetts Real Estate agent course. I would like to become a real estate investor one day. I'm currently unemployed. I'm excited to put my full effort...