Account Closed
Putting more money down vs. higher leverage vs. more investors
I'm looking to invest in a MF property in Richmond, VA and have 2 other JV investors I'm working with. For simplicity, we have $30,000 down and will buy a $100,000 property. Property is a Class B property and the go...
Alan Smith
Rochester - South Wedge - 1st Purchase Feedback
Hi All!So I made it a goal to buy my first buy and hold in 2017 and established relationships early on with a realtor, PM, and a tax adviser. I ended up purchasing a property in the South Wedge (Rochester, NY) directl...
Anthony M Schlitt
Max out a roth IRA vs Save more aggressively to start BRRRRing
Looking for some opinions here, particularly from some FIRE people.Background: I'm 23, a year out of college, earn ~60k in the military and carry almost no college debt. I've been maxing my roth IRA for the last three...
John Richardson
If I want to profit 100k/yr, how much would I need to invest?
I would want to buy decent-good apartment buildings, nothing that will be a complete headache to manage. In my area you can find buildings like this at a 1.4% or 1.5 % return on the total investment fairly regularly....
Mikey Grabon
Assignment of mortgage
So I need some help with understanding assignment of mortgage. Why would I see assignment of mortgage being past around like a hot potato? Should I worry about bidding on this house? Plus I see on the doc adjustable r...
Account Closed
Begin my real estate investing career or go to school first
A brief summary of me and my situation;
I’m a 21 year old kid from Michigan, currently netting $32,000/yr from two different jobs, plus an additional $3,000-7,000/yr from side hustles. (I’m a chef, and I help maintai...
Jessica Dix
Self Directed IRA for Early Retirement?
Hello BP community,Are self directed IRAs a good idea for those working towards early retirement? My goal is to retire/be financially free by age 35 and not being able to access the cash without penalty until 59 1/2 m...
Clifton Monte
NOOB IN HAWAII: Equity vs Cashflow??
I'm in the Army and we've always been renters, so we decided that our next move would mark the beginning of our goal to collect properties to live in prior to renting out. Well, leave it to Uncle Sam to start our rea...
Alex Forest
Savings Account Recommendation: Interest for cash reserves
Where do folks keep their cash reserves, any recommendations on banks or savings accounts, CDs, etc that offer at least some interest? Perhaps an online bank (only) that offers at least some return?Of course, for a lo...
Angela A.
Cash Out, Sell or Stay Put?
I have a condo as a rental with minimal loan balance in San Diego. I bought the unit about 10 years ago and it has appreciated nicely. ROE is not that impressive with around 3.6-3.8%. Basically the equity is genera...