We have a 70 unit senior building that we have owned for the last 20 years. These are all low income and about 20 have section 8 assistance. Rents are low. I would have to say we have not done a great job managing the...
Hello everyone,my wife and I want to start our real estate investing journey to boost our wealth and retirement fund. Long-term single or small multifamily rental would be our strategy to go. We live in California at ...
Hi BP community!Have an interesting situation on my hands and I think I know which direction to take, but I'd love the opinions and thoughts of the community to help guide my novice self!Situation:I am buying a proper...
I have a 4-plex, C property, 2/1, built in mid 60's on a slab with very little insulation. They currently have 30 gallon low boy electric tank heaters located in the kitchen. I'm thinking about making the move to el...
Hey New FriendsI've been lurking on the forum for a bit reading and such. Close to diving in the waters.I'm considering investing in the downtown ann arbor area. Would love to hear thoughts on that area? Any real esta...
Hello,
Can you use your 401k money or IRA money to purchase a real estate investment and keep the cash flow now? I see all over the internet a short answer of no, but what about the following situations:
1) example:...
So I’m 18 years old and am looking to start really diving into real estate investing. I have taken time while on quarantine to learn as much information as I can about the proper steps a beginner should take to begin ...
Hello BP,I am about to graduate from school this upcoming May and am going to be moving to Chicago for my first ever full-time job. While I have rented for the past 3 years in college (been paying on average $600 / mt...
Hi all,
The last analysis I posted turned out not to be that hot of a deal. This one seems a lot better. Any help would be appreciated!
Here goes:
Duplex
Purchase Price $55,000
Rents: $1,075 ($550 and $525) Each a...
Ok, so this is going to be quite lengthy, I would just like to share with all why real estate investment is something that has come to my plate. I am a 37 year old male residing in Bedford, Pennsylvania. I feel like...