I'm new to Realestate investing and am in the process of closing on my first rental. Since then I've learned of the brrrr strategy. My main issue is raising the initial capital to begin the brrrr with a second house. ...
Hi everyone,Quick question, when you calculate ratios such as cash on cash return, or even when calculating the cash flow potential of a property, do you calculate them post tax? Because I've seen quite a few calculat...
Thoughts on investing in real estate without owning a property first?
I will have close to 100k after I sell my apartment and land that I own. I'm not looking to cash out, but to reinvest my money. Possibly do a 1031 exchange. I'm looking for directions so I may branch off of and do res...
Looking to get my first buy and hold property. Do most people buy and go by the 2% Rule? What would the circumstance be to buy a property using the 1% rule? Thanks!
Hello,Just curious what you all thought about the idea of using a loan from your 401(k) to finance the purchase and rehab of a 1st property.My plan would be to use 40-50k to purchase a small rental apartment, fix it u...
Hi all,
At my family party yesterday I had a chat with my uncle who owns an apartment building and is very successful in other businesses. He told me that any principal paydown on an investment property is considered...
Taking exit strategies into account...Our downpayment on a buy-and-hold OC condo 4 years ago was over $200k. We owe a little over $100k on it. Its value has increased by at least $100k since we bought it, but if we ...
Could I get some advice on priority when it comes to student loan debt vs saving for a cash-flowing property?Our combined student loan debt is hovering around 250k with avg interest of 6%Avg household income is around...
Hello,Since the new tax rules I've been considering refinancing and pulling out cash from my rental to payoff my primary home so I can claim a higher interest rate on schedule E and benefiting by reporting a loss on m...