Looking for insight on how my sister and father should split the profits from their first flip:The way it's worked:Dad put up $100k of the $114k sales price (bought on Auction.com in a "cash only" transaction). Sister...
Big news, syndicators: This morning, the SEC adopted amendments that expand the definition of 'accredited investor'. This has been a LONG time coming. The changes will be effective 60 days after publication in the Fed...
I am looking at purchasing my very first duplex(es) with in 90 days with a lofty goal of acquiring 20 units per year over the next five years and will re-evaluate after that. My wife and I are professional nurses and ...
Hi, new Pro member and have a question about the rental property calculator. I'm trying to figure out what needs to be included in closing costs. I see a lot of people use a low % (2-3%) for closing costs but shouldn'...
Quick question here! If I am trying to build a Commercial Real Estate Empire, would it be better for me to 1031 my properties into a larger complex, or refi the properties and use the cash to purchase a new property?
I'm in the middle of searching for my first investment property in the Milwaukee area. I'm looking for a multifamily property with a max price of 150k. Ideally I'd like a 4 door property but 2 or 3 unit i'm open to as...
Hello All -I'm SuperNoob and defining my processes. I think I have an acquisition worth pursuing (i have not called seller yet). Could someone provide a quick review with me and make sure I'm looking at things corre...
Hello everyone,Me and my wife own a single detached bungalow (~1200 sq.ft) built in 1976 in Woodstock, ON. We have been living it for 2 years now. We purchased the house when the housing market was at its peak(high 70...
Hey all! I've been just lurking and learning, but now I need help to clarify some terms. I thought I understood the concepts, but when I read this blog by David Greene and another on Bigger Pockets versus what other w...
Hi, I'm a newbie in San Diego, CA. Quick question for all uguys with experience. I have 80k to invest, and I want to start investing in real estate. I have been a part time agent and able to find good deals, is it wor...