I have been reading multiple books on corporate structure I.E. "Incorporate and Grow Rich". I make 100k a year, live off of 40k and would like to invest 60k a year. I understand that I shouldn't hold rental properties...
My main goal of 2024 is to purchase my first investment property (2-4 unit). Currently I own a home which I purchased at the end of 2020 with a conventional loan, 2.62% interest rate and 20% down. I have about $30k in...
Hi BPers! I have some short-term rentals, and occasionally, a few of these have turned into mid-term rentals when rented out for several months. I appreciate the ease of management that comes with mid-term rentals, bu...
Hello all,I've been flirting with real estate for a long time but due to my low earning potential, thus far I have never felt comfortable taking on the risk. My brother, however; is a lawyer and earns around 700k a ye...
I’m a 22 year old Union Carpenter who is looking to start his real estate journey. I’m stuck between on which loan type should I use on my first investment property. I have enough funds saved up to put down 20% for pr...
1031 Exchange Question - Let's say the investor has already sold her relinquished property (which was owned free and clear with no debt) and afterwards has $325,000 in 1031 exchange funds available. The investor is no...
Dear RE enthusiasts,My Wife and I finally bought our first duplex and we are so excited! The tenants have already received their 30 day notices and several contractors are coming this weekend to take measurements. To ...
When your making money either buying and selling property or you have cash flowing properties, how do you manage your money ? What do you do to maximize your dollars ? Do you build up your profits and save for another...
Hello BP family,
I am a new out of state real estate investor who is excited to learn as much as I can about the Cleveland area. Despite the fact that I have read a great deal about the market over the past few month...
I have read books, talked to people and saved some money. Now it's time to take action and get my first deal done. My actions steps are 1. I have a year of investor carrot, 2. saved 70K 3. set up my LLC 4. signed up f...