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I am trying to decide if it is time to sell my 1st (only) SFR Rental. I want to do more deals, but currently I have just been reinvesting everything back into the first to pay down the mortgage. My property has abou...
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Hello all,
Just over one month ago I finally closed on my first multi-family property. It is a 6 unit property in Jersey City. Below are the income / expense numbers & acquisition costs...
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Why are you in real estate? What was the source of your motivation?
For me, I grew up with it. My dad was a professional and my mom bought and managed the apartment buildings. I spent my summers painting and clean...
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I am focusing on lease options and in the marketing process other kinds of possible deals pop up. I am of the mindset to master one niche before schooling myself on others.
This came to me this week and I am wonderin...
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Okay location is in a small CITY!, however looking at the microeconomics and the city seems to be appreciating slowly per year. The vacansy rate is around 2-5% over the last 3 years. Here is the numbers.Rooms: 6 bedr...
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Hello everyone! First of all I have to say I am beyond excited to be a part of the whole BiggerPockets.com family. I found out about this site after reading David Greene's "Long Distance Real Estate Investing". Tod...
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I am very new to real estate on my own, but I have been around the residential rental game my whole life since my parents own 19 properties, one of which is commercial. First question is, would apartment buildings be ...
Hello world!
I am a recent graduate with a full time position as an engineer looking to make my first deal and continue on my family's real estate venture. My parents started a real-estate business when we moved to...
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For the last two year I have been in Afghanistan as a civilian contractor making good money and decided to pay off my house. I paid it off at the end of last year I have been renting it out. I plan to stay here fo...
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Hello all, my credit score is around 700 and I plan on buying a multi-family when I graduate in 3 months and living in one of the units. I am looking around 2 places ( depending where I choose to work), Jersey City,...