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So as i discussed briefly in my profile i am a newbie. I do have quite a bit of knowledge on real estate because Im so passionate about it that i consume myself with books and podcasts. Starting off in real estate I a...
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I am writing a business plan to send out to couple investors. Here is the financial projection and my selling point to them.
Please criticized and reveal any flaws of my analysis.
6 -12 units that can be purchase fo...
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Hello everyone!I am returning from 6 yrs abroad being stationed overseas in England and Italy. My next stop is McGuire Air Force base, New Jersey. While overseas I bought my first duplex in Florida and it is cash flow...
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Why is it so hard to shift the belief system from money accumulation to building income? Of course, as an investor, I am speaking to passive income but my discussion is about all forms of income. Almost everyone I tal...
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I read a lot of buy and hold strategy here that first, you buy a property then rent out. Then take out the equity in the property to buy another.
My question is: when you take equity out of your 1st property, do ban...
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Hey everyone,After picking up my first door, I decided to go big and try and take down 8 more doors in a single portfolio acquisition. The deal looks right, but we are running into some frustrating road blocks. I foun...
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Hi all,My grandmother passed away last year, and I'm buying the house that they built in 1965. It's also the house my mother and her siblings grew up in. They've spent the last year being nostalgic about the place...h...
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Hey all - getting tired of paying NYC rent and am considering house hacking. Any suggestions for areas where I could buy a 2 or 3-family home for under $550k with a less than 1hr commute to NYC w/ public transportatio...
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I am new to real estate and own one property in Grande Prairie, AB. I am currently focused on buy and hold strategy.Due to COVID-19 and oil prices, Alberta economy has suffered badly. I am not very knowledgeable about...
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what am i missing?i'm a planner and admittedly sometime too much planning too far into the future. So here is my plan, withdraw as much $ from the 401k as needed (pay the penalty and taxes) to pay off the MF rentals ...