Parag Shah
Is this a good deal for a 3-family in Northern New Jersey?
Offer Price: $200KFinancing: FHA loan, 3.5% down payment (already pre approved for this home); 3.875% rate, 30 year fixedRents according to MLS posting: Unit 1 - $1310, Unit 2 - $1100, Unit 3 - $720; Total = $3,130Exp...
Anthony Washington
Exit Strategy
I'm new to the board and investing period. I figure the most important step in investing is just taking action after you have educated yourself. I'm 24 now so I know if I keep at it, I'll be financially free by 30. Ju...
Andrew Gudmunson
Can anyone offer advice on this idea?
I currently own a 5 bedroom that has quite a bit of equity I can leverage and I am interested in purchasing a small rental property. Here's the thing, I have a brother in law who goes to college in the city I'm intere...
Alex Silang
What's the point of a vacation home?
Not sure what category to put this post in, but here goes...What's the point of owning a vacation home? I was reading that after commissions, cleaning fees, etc. you're probably only going to be able to cover half you...
Will Bert
Need some advice/guidance
My younger brother lives in Virgina and rents a home. His credit is not good. So I was going to take money from my savings and home to purchase a home for $150k with 20% down. My plan is for him to pay me rent of $100...
Matt Millard
Is a self directed IRA even worth it?
Even with using the lowest cost IRA provider out there the fee for 4 separate accounts is over $600 annually assuming my wife & I open a Roth & traditional each. If I put this in one of my best investments th...
Apostolos Karnavas
Partnerships with family
Hello Biggerpockets community,
I am a novice real estate investor. Currently house hacking my first property (a triplex). I have been very interested in forming a partnership due to my lack of capital to invest. I ha...
Jessica Chow
To permit or not to permit construction?
Hello BP fam! I own a SFH in Los Angeles and am thinking of making some upgrades-
1) opening up a retaining wall that leads into the backyard and install a sliding glass door
2) adding a 10x12 wood floating deck
My ...
David Klaff
Looking to increase cashflow with Short Term Rentals
I have been wanting to get into short term rentals for along time. I always felt I needed to be close to my future STR and living in Denver with real estate prices so high it has felt/feels out of reach. In the last...
Karina Ruiz
Which type of Retirement Account is best for Investors
So I'm trying to decide whether it's more efficient to invest in a traditional IRA or Roth IRA. I'm planning on retiring before retirement age, so I was leaning towards the traditional and then do a Roth conversion la...