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I am currently looking at a 15 unit complex sales prices$1,350,000. Net rents (minus 5% vacancies) is $170k expenses are $48k. Cap rate would be about 9%. I am thinking of doing a self directed IRA to pay for the d...
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I built a sizable real estate portfolio cash flowing about 5100 a month. I want to know if anyone in here ever cashed in their IRA/401k's--- took the penalty and invested in real estate cash flow?
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One day I hope to own or be a co-owner of a real estate investment firm. I have noticed that some investment firms do not have salaried employees, their investment Analysts/Underwriters are 1099. Other firms have all ...
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Hello Fellow BP-iansOne of the tenants I inherited with the property is supposed to be a handy man/maintenance guy. I am in talks with him to see if he could be a full time maintenance guy living on the property. I kn...
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BP Friends! I'm Dave Meyer -- the data guy around BiggerPockets. We're expanding how we use data both onsite, and in our podcast, youtube, blog, and other content. It's really exciting! At least for me it is, and I ho...
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Hey folks! I'm looking at one of two areas for a 2020 move - Vancouver and Tacoma. The former due to its growing nature & proximity to Portland; the latter due to the fact that it's not in Seattle!The plan: I plan...
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Good Evening,I'm currently doing my research on multifamily 2-4 Units in California.I would like to get my first property in California because I feel more confortable doing the property management myself and once I g...
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I have an FHA loan on my private residence. I would like to buy a new private residence and rent out my first house as a rental property. Is there anyway around the FHA loan and renting my original home? Can the FHA l...
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Just a quick question, what websites or sources do you guys use to inform yourselves about the market and any shifts and trends that occur?
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Hello,
My wife and I recently bought a house in Seattle. We are living in the top half, and are just finishing up some work on the basement unit so we can rent it out. I am hoping for some advice, or links I can go t...