Good evening, from Detroit.I am just getting started into real estate investing. Working on figuring which is the first stepping stone to step on besides reading books and listening to podcasts, then doing the resear...
If I acquire a multifamily (2-4 units) property with full occupancy and tenants locked into a 12 month agreement, what happens in the event of a change in control? In an RE deal, can you assign the lease agreements to...
August 29th will be my one year anniversary as a REI. So far I have a duplex that pays for itself plus creates profit. A SFR that is paid for. A weekend place on the coast with a small loan on it. The remodel will b...
I’m considering cashing out my 401(k) and IRA funds to invest in more real estate and would appreciate any advice or insights on whether this idea is viable.
Current Financial Situation:
Significant savings in 401(k...
I recently ran across Biggerpockets and immediately became hooked. I’m writing because of a unique circumstance and I’m hoping to solicit some advice from more experienced folks on how to best deal with it.Recently, w...
Hi BP Fam,Just wondering if anyone can help send me the right direction. I'm ready to make my next home my primary residence to qualify for low DP programs (ideally 0% DP). I've heard that some programs have a price l...
Hi all,In August i purchased my first home, and since then I've caught fire on the REI subject line. Never really thought about it before but now I'm hooked. So this house i just bought is now a live-in rehab and I'm ...
This is me sucking water off a renters floor just before midnight. Record rains at 10:30pm for about half an hour. Every street was flowing like a river. Five tenants and five different properties called me to report ...
I am a beginner and only have $5k in savings. What are the options I have available? I would prefer to start with a townhome and rent out the other room while I live there as well. Trying to move out of my parents house.
Hi, I was recently in an accident where my car was totaled and am trying to figure out the best step to get a new one. I'm 24 years old and have about $26k saved with ~15k designated as my emergency funds. I'd like to...