Hi, I'm 23 yrs old and have been trying to get started in real estate investing. But no luck. I know this wasn't going to be easy but it almost feels impossible. I finally tried to get pre qualified for a loan of abou...
Hello BP! I am an Active Duty Army Staff Sergeant (E-6) currently at 9 years 5 months Time In Service with 10 months left of Active Duty service. This will put me at exactly 10 years 2 months TIS. I am struggling w...
Good evening pros!I have an LLC funded by two SDIRAs (1 traditional, 1 ROTH). My plan is to convert 20% of the traditional to ROTH each year, so that at the end of 5 years, the LLC will be wholly owned by the ROTH.As ...
Hi everyone,First time investor and looking for some advice. Newly constructed duplex for 525K with each side renting for 1950 and 350 for a garage. Gross = 51000 but I would be going traditional financing route + po...
I am in the process of purchasing a 25 unit multifamily building. It is not a true multifamily as some units are traditional 1 bedrooms but some are more like hostel or hotel rooms. I already own another property that...
I think I've concluded that I want to start out house hacking by buying a sfh and renting out each of the rooms, I think it will do fairly well as I also live near a college and can rent out to students to get higher ...
Hi all, I have an opportunity to work an owner finance deal for my Seller client. We have secured a qualified buyer and both buyer and seller have come to terms (price, down payment, int rate, amortization, closing d...
It's good to occasionally take a balcony view look at your business model. It's also a luxury to have the time to noodle do so. So let me give you a head start... There are at least four different ways to hold an asse...
Been a while since I've posted on here! Keeping busy with renovations on my second property! I finished my 1st house about 6 months ago, and it has been rented out since June. I decided to do a probationary lease (2 p...
Hi BiggerPockets!
I'm both new here, and new to the RE investing game. I had a question about how to estimate rents for a home with a garage ADU conversion.
I'm using Rentometer to plug in rents for my area and usi...