Shaun Wraley
Question on WHEN to start
HiI'm just getting started on learning all about real estate. I'm very motivated to go all in on rental properties, but my question is...Do most people wait to have their own personal home paid off BEFORE buying rent...
Dametrius Clark
Do real estate portfolios need an LLC?
I’m a newbie and I plan to buy my first property soon but I wanted to know if getting an LLC is worth it? I’m in Cleveland Ohio.
V.G Jason
First REI Property
Investment Info:Dallas, TX quad-plex that needs reno on two of the units. Units A&B are 2br,1.5ba. Units C&D are 1br,1 ba. I believe this will be $750k+ property in the short term, at minimum.List Price: $645,...
Linda Garcia
Seller Financing question! We are the sellers.
My partners and I have a piece of land almost ready for permitting for a multifamily. Our agent wants us to counter much higher take a chunk down and carry $4MM @ 10% until the construction loan or a deadline we defi...
Charles Evans
New House Hacker, Need Tips/Reassurance Please!
Good Morning,So I have always dreamed of getting a duplex as my first house and to house hack to get my foot in the door in real estate investing. My goal was simple: house hack, and after a year browse to hopefully r...
Nick Frey
Short term cap gains with income carryover losses
Short term cap gains basically get counted as income...you have $100k income and $100k short term cap gain, you basically have the same as $200k income.I've been very careful over the years and have tremendous carryov...
Carrie Zhang
Higher Purchase Price v. Higher Rehab Cost
Hi BP! I'm looking to do my first fix and flip deal in a new market, Upstate New York (Hudson Valley areas). I have rehab experience with SF long-term rentals in MI, but it has been a few years since I've been close t...
Michael Graff
Equity partner - what is a good cut?
I have an equity partner who basically wants to be the bank on my flips. I use all their cash, and they want a % of the profit. I find the houses, I'm the GC on all the work, I get the properties sold, my partner is...
AJ Smith
PML > CDs All Day Long
12% APY for our Private Lender on this deal.
100% passively.
We borrowed the funds, we fixed the property
We sell it when it's beautified.
I love thinking about it.
Instead of sitting in a CD at 5% int...
Account Closed
new deal Risk Tolerance? using anticipated occupancy % to decide how big multiplex you should buy?
im trying to decide how big of a multi family property debt i should be willing to take on. ( MFH type of properties are something Ive been looking to get into)so on a 4plex for example im assuming a worst ca...