A teacher I used to have has 38 properties and all 10/15 year mortgages which all have break even cash flow which in turn lowers his taxes from his full time job. After the 10/15 years he refinances and pulls out as ...
I have recently been talking to a few local lenders about transitioning from small real estate investing (I own 5 small homes in rural areas) to purchasing larger, multi-unit housing. Since I am currently showing a l...
I currently have $150k and am looking to pick up $500k in homes over the next year. In particular I want to get 10 x $50k homes.My taxable salary is low at $36k per year, but I have a large amount of tax-free income (...
Hey all!
I am currently looking to purchase my second out of state property but this time in Milwaukee Wisconsin as the current market that housed my first out of state rental has become fairly overpriced for my curr...
This is my strategy for building wealth. My strategy may be different then others and it's all about what works best for you. 1) Build a solid income stream (for me, that's Co-hosting) 2) Take that money and throw it ...
Hey Guys. I am looking at a house in a big college town in the SE. Typically students pay rent by the bedroom. I am trying to capitalize on this by adding bedrooms to increase revenue. For instance, removing dining ro...
Hi all - I am in the initial stages of research and trying to determine whether REI could be a good option for our family (based in St Louis, MO). The BRRRR strategy for rental properties is interesting to me as a s...
Question:Say, hypothetically, that you were starting from scratch and had $400k or $500k and wanted to start buying single family rental properties. Would you deploy the BRRR strategy? And how/when (if at all) would y...
All,
First, thank you in advance for all the insight I will receive from all of you. I'm a real estate investor who currently lives in Washington, DC. I have 3 doors and am trying to expand further.
My sister and I...
Hi all, Any other architect-turned-developers out there? I would love to hear about what you're doing!