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I own my current primary residence & have about 140K in equity. The plan is to purchase a new home & keep current as a long term rental. The new home needs remodeled for about 150K. Trying to decide if we shou...
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Hi everyone,
I’m based in San Diego and looking to purchase my first investment property by March 2025. I earn around $15k/month from my business, but my income is somewhat variable, which might make securing financi...
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Labor: 180-hours (15hrs/wk, $80K median household income) = ($7,200)
Labor includes reading BP(education), looking at properties, going to REI association meeting’s, talking to banks, agents, internet research(home...
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I've created an LLC in Broome County, New York. It's time to decide whether to leave it as pass-through taxable or choose to have it taxed as an S-Corp. My plan is to use the entity to hold my buy & hold propert...
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Hello! This is a newbie question but couldn't find it asked anywhere else.
I want to buy a multi-family building and plan on spending the next year saving up the down payment and learning more about analyzing invest...
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I had a great conversation with @Dmitriy Fomichenko from Sense Financial today about setting up a Solo 401k, so I can roll over my IRA into an account in which I can make investments in real estate. He did point out s...
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I told myself I wanted to have a firm grasp on IRR and have been researching online. I feel like it's easy to over complicate this and I've confused myself unfortunately :)..
The definition of IRR being the discount ...
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With so much emphasis on BRRRR on the forums, I feel like I'm investing the wrong way. I have a handful of properties that I've acquired the traditional way with 20-30% down. They are nice homes that need just a littl...
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I believe the best way to a secure my future is to buy-hold properties to create the passive income.
Problem - I am recently laid off my job. Without a new job how can I get the mortgages I need?
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This property is a duplex in a college area with good rental history (not college kids)Purchase price $125,000Rent $1850Electricity $25Water/Sewer $100Insurance$100Heating $150Vacancy (5%) $92.50Maintenance (5%) $92.5...