Hi everyone!I'm pretty new to this community. I've been researching and studying the market in my area (Los Angeles) for a couple years now and have hesitated to make the plunge on any purchases. I finally made an off...
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Hi everyone,I'm evaluating a condo in Panama Beach City Florida for a short term rental. Here are the numbers:Purchase Price: 290kARV: 285k - 300kNo major renovation is required. Here are the monthly expenses as I'v...
Hello everyone, I'm new here and new to real estate investing and I'm at a crossroads. I see three main paths ahead:1. Short Term Rental (in vs. out of state)2. Long-term single family (in vs. out of state)3. Multi-fa...
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“The 2% Rule” seems to be a fast favorite among new investors, and since I’m a tell-it-how-it-is (or at least tell-it-how-I-think-it-is) kind of guy, I figured I’d write a post to call it out.Before I go into why I th...
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How's it going BP!
I am fairly new in Sioux Falls, SD, I currently own one LTR and I am searching for more. I have recently sparked an interest in STRs utilizing AirBNB/VRBO. While searching for more multi-family d...
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My spouse and I own a business in the construction/home services industry. We have grown the business to afford hiring someone to take over my role so I can pursue investing in real estate.
I have joined my local RE...
Where I lack understanding is at what point do you start making money for example you buy a duplex lets say it was 300k the monthly mortgage is 2,500 each renter pays 1,500 thatd 500 cash flow which is I guess “profit...
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Can I be brutally honest? I have no idea what I am doing and I feel like i am walking in total darkness...as my friend said, don't get analysis paralysis...I am an action person, but I just don't know what actions to...
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Hello, My name is Stirling. I have no experience in REI, however I have ammassed considerable savings, enough to make an investment in a plex rental property on the island of Montreal, Quebec.
I do not yet think I am...
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I am really struggling to get off the ground in the Denver metro area; And I've read mixed reviews about going out of state for rental properties. (I read "Long Distance Real Estate Investing") Thoughts? Is it better ...