My income now is divided as per the following: 30% of my income generated from daily work (9 to 5) as typical white-collar, and 70% of my income is from real estate rental, i am afraid that real estate will collapse e...
I have managed to obtain 3 buy/hold properties in 3 years and am in the middle of converting the garage on the 3rd. A property just came on the market that seems like a very good deal, and exactly what I look for. I f...
Hi Folks
I am a newbie in real estate area and looking for passive income sources from Rental Properties. I currently live in NY so would look for out of state option only. Being a Software Developer by profession, I...
I like the idea of a small multifamily for my first rental property. I'm looking at around 2-6 (maybe up to 8?) unit properties. I'm limiting it to this size because of the purchase price and not wanting to bite off m...
I am currently out of work due to covid with no income, obviously cant get a traditional mortgage loan on my own. I hope to buy enough properties to generate enough income to never go back to my day job. However I a...
I have a rental property that I purchased to live in when I was still in school and when I purchased it, I put down the minimum to buy it so it has MIP tacked on. It is an FHA loan at 5% interest (fixed) - 30 yr. I b...
BiggerPockets,I am new to investing on commercial properties. I came across a self serve car wash for sale. If anyone could provide insight on how to evaluate or analyze the property that would be very helpful. Thanks.
Introduction and background on questions:
Currently we are a 2 man operation that is a 50/50 partnership. We will not have any additional partners in the future and we are not interested in selling part ownership of...
Hi there!I recently took Brandon's online course, which was really educational. I'm now trying to get this investment ball rolling, and would love to get your thoughts on this question. What would you do if you had:$1...
Investment Info:
Small multi-family (2-4 units) private money loan investment.
Purchase price: $490,000
Cash invested: $150,000
I bought a duplex in 2021 to generate passive income while renting it o...