I always see so many questions about turnkey properties, long-distance investing, and BRRR’ing properties so I thought I’d share my first investment experience since it consists of all these things.
Details:
Purcha...
I've signed on a $655,000 condo on the upper east side of Manhattan and we are set to close on Feb 1. Taxes, common charges and insurance will run about $1000 a month and I've found someone to rent it for $3200 a ...
For those of you with sizable rental portfolios with debt on them I was wondering how much cash you keep as an overall percentage of your long-term debt. We have been targeting 10% liquid for every dollar of long-ter...
Hello, all!I've had an interest in real estate for a few years now, but was always nervous about the instability of the market to ever put money towards any REIT... until now. I've faced my fears and invested with the...
Hello, I am based in the metropolitan DC area and looking to invest out of state as this market is very expensive and it's hard to find a good deal. Does anyone have any experience investing in the Midwestern states? ...
Hi,
I am looking to move IRA money into a Solo 401K with checkbook control. For now most of the funds will go into real estate partnersips but eventually I may move some into direct real estate.
Does an...
I am a newish member to BP. I have a little problem and was hoping someone can point me in the right direction. I am in the process of buying my first flip. I won an auction, had a closing date set for this week an...
What are some opinions on going Section 8 - Good - Bad or Indifferent?
Hello to anyone reading, I’m currently a freshman in college and here is my situation. I’m one semester in, and plan on finishing out the year. I have a college fund which contains roughly $60,000 (after this first ye...
Hello BP Community! I'm still fairly new and have a deal that I am considering. It is with a local flipper who is quite experienced. The deal is to lend him $200K for the duration of the project with the expected d...