I have been procrastinating on writing my business plan. I have a "good" excuse. I wanted to make up my mind once and for all what kind of entity I wanted to go with before I committed any thing to writing. After all...
I've recently purchased a 1950 three bedroom, one bathroom 972 sq ft single family home. We paid $67,500 plus $1,600 in closing costs for the place. Experience from our first rental, rent will range from $1,100 to $1,...
Hi everyone. I've browsed this site for awhile, but finally joined/posted, and would like some advice. Here is my senerio. I'm 23 and have been in a rut lately, I have an AA degree, and a computer networking degree...
I started my REI journey a little less than a year ago here in Houston, TX. As like a lot of other investors it started with idea of RE to be a good vehicle to invest in, not having any source of info obviously google...
I have been investing in single family homes exclusively. The thought of a multi-family building quite honestly made me nervous. More tenants, definitely bigger numbers and property managers. It seems my investment...
I am just starting out with my investing and should be closing on my first property next week. It is a 4plex property with 2 units already rented. I will be living in one unit and finding a tenant for the last unit as...
Just got my first flip completed and under contract. Below are the details. Just wanted to post this for other newbies (like myself) to see that it is possible, and to just pull the trigger.Location: 2208 Searles R...
Hello all!I’m preparing to close in a few short days on my second investment property: a cash flowing, fully occupied 4 plex! Though I’m hoping that this new chapter in my investing career is as promising as It looks,...
I am shocked to see how few members prefer investing with cash only, no leverage. My current strategy is to buy a house or 2 each year for the next 7 years all cash. This should position my family to cover all of ou...
Ok so I have now about 25k sitting in a 401 that I do not contribute for about 6 years. Of course it hasn't had much gain. Do I leave it there and forget about it or do I pull it out,take the hit and invest in real es...