Jeff Weaver
Advice working with property managers and a design team
I am one-week out from closing on my first STR. I have already lined up a professional property manager (the STR is out-of-state) and a design team (we are upgrading every room in the house and adding a ton of ameniti...
Devon Preyer
Is private lending a good idea in my case?
Hello Everyone,My wife and I recently finished our first live in flip and, thanks to covid, where able to walk away with a little over 100k in profit. We relocated back to the bay area with family and decided to both ...
Zac Kucharek
First House Hack Tax Planning
I currently live in a Duplex that we house hack, living in one unit and renting the other. This was purchased in December 2023 and I am trying to Tax plan for the coming year.1. I have heard from others that you shoul...
Sant S.
First Multi-Family Property Acquired
Hello all,
Just over one month ago I finally closed on my first multi-family property. It is a 6 unit property in Jersey City. Below are the income / expense numbers & acquisition costs...
Micky Fokken
Should I rent out my house?
This is probably a very commonly asked question, "Show I rent out my house?". In 4 years I am planning on upgrading to a bigger house. I have a solid 3/2 house in a town with 2 colleges.
I am thinking about using a...
Cory Nichols
Prospective Investor in Richmond, VA doing Research
I'm a new investor in Richmond, VA that is looking to get into real estate in 2016. I am trying to do a lot of research and find how to locate opportunities and what pit falls to avoid.Any experienced investors with i...
David Coombes
2% v. 50% Rules in Saint Louis
Today For the last several months I've been analyzing properties listed for sale in the Tower Grove and select South City areas of Saint Louis to buy and hold. Very few are meeting the 2% rule though some pass using t...
Michael McCarthy
Just Purchased 2 Properties in the Cleveland Area for Rental
Hello Everyone. My name is Mike and like many others here I am relatively new to the site and to REI, but I have been taking advantage of all that is available here to learn from including blogs, podcasts and the for...
Dave Brooks
Under contract on a REO
I am under contract on a REO and just wanted to get a feel for whats next. This is my first foreclosure. The house is in really good shape although missing all of the light fixtures and kitchen appliances.My plan is t...
Aliza Abramson
Where to begin with passive income?
Hello,My boyfriend and I are looking to eventually make about 5-10k/month in passive income. We are both young (23) but want to get started as soon as possible. We have been doing a lot of reading and have a bunch of ...