Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $250,000
Cash invested: $500,000
Single Family Home with detached ADU. Main unit is 4bd/2ba and 1500 sq ft. ...
Just curious on if they read real estate investing books before they started? Do you think they still real Real Estate books to sharpen their skills or are they just going on their own way of thinking on investing?
Hello everyone. I have been reading BiggerPockets and doing my homework on wholesaling via podcasts and YouTube videos. I was searching for an avenue that I was interested in and able to create additional income. Havi...
I am working on an offer for a 10 unit and want some assistance on structuring the offerHere's the scenario:Seller wants $750k and owns free and clear. We purchased another property from the seller 10 years ago and ...
As of right now, all I know how to do is go on Loopnet (or a similar site) and take the Cap Rate at face value and run numbers as if that's what I'm guaranteed to get out of the investment.For those of you who have ex...
For professional property managers: who gets a 1099 at the end of the year?
I know contractors need a 1099 if they got paid at least $600. Do you send your investors a 1099? How about tenants? Anybody else?
Is it worth my while to invest in a rental property if my AGI is above 150K, and of course, I cannot materially participate in the upkeep of the property because of distance and time constraint? Is there something I c...
Hello everyone. Hope all is well. I just started investing in real estate. I am looking for a CPA and an attorney. Can Bp members advise me on where I should start and how do I find they are good. The accountant that...
Hello All,Me and friends/Investors are looking to get started in the real estate market . We are interested and have focused our thoughts into Multi Family and apartment complexes . Before we take action I would like ...
I'm in my 20s, live in my own SFH that is nearly paid off and looking to buy my first SFH rental property.
Over the next couple years I would like to own about 10-20 SFH.
I work a full time job so these rentals woul...