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I am reading the Millionaire Real Estate Investor, about acquiring a million in real estate, then increasing equity to one million, then to one million a year in cash flow. I am just curious how many here on bigge...
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I have a cash flowing MF portfolio (about 80 units) and I will be leaving my corporate job soon to 1) be a better Mom to my kids and 2) focus on growing my RE portfolio. My husband and I each have about $500k in reti...
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Hi! I need your advice. I'm trying to decide if I should sell or refinance this property so that I can use the equity to buy other rentals.I have a condo/TH that I purchased for $121k nearly 7 yrs ago. It's worth $148...
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We are currently preparing to get started with REI in the Phoenix area. Sometime mid next year.
We have some capital in our savings account. We also have some money spread around in various mutual funds; some in plai...
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Looking for a NH tax savvy investor. I am purchasing a 7-unit in southern Maine in a Maine LLC and I am a NH resident. NH has 5% "interest and dividends tax" on income derived from I&D ("Tax Free New Hampshire"...
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Long background: I am currently looking at getting into real estate investing doing flip to hold rentals in my area. I have a unique situation where I may be medically retired from my government job due to an on the j...
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Hello All,Looking for some guidance on the profit made from selling a home. I understand that there are closing costs, fees for realtors and possibly repair costs associated with paying for when selling a home, but I ...
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Hi guys New to this forum and have been getting conflicting advise on this matter. This is a question on refinancing- If I own a property in a Llc company with lots of equity, I refinance, that money is classed as tax...
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Anyone else considering doing this? Is this a crazy plan?My plan:
My wife and I lost daycare so we're splitting time off to take care of our children.
We have significant cash reserves and 75% equity in current RE ...
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Greetings from Harlem NY! A family member and I are interested in rental properties. We have zero experience but know that Newark and certain Bronx neighborhoods are way cheaper than Harlem. We hope to one day hold pr...