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Hello,I was offered a 2 bedroom one bathroom rental house through my mother for 50-55K in florida. The home was built in 1956 and had a new roof put on it 2006. It has 918SQF of living space along with a 216SQF unfini...
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I have been at this game for about 10 years now and own/manage about 20 rental units in my mid-major city. They are 1-4 unit homes. Rental market is good and vacancy is not usually an issue. They are cash flowing de...
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I just got my first K-1 from a multi-family syndication and want to understand it. This is the actual K-1 with real numbers and only personally identifying elements have been removed. I'm going to describe what I th...
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I am looking to purchase a condo. Here are the numbers I came up with for this property. What do you think of these numbers? Looking to purchase my first income property already have single family. Is this a decent ca...
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Assuming the employer matches 100% of the amount contributed. Knowing that a traditional tax-deferred 401k allows me to borrow up to half of investment dollars (that inclusive of company match funds), or up to $50k, a...
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Hello BP Community! I'm 24 years old and looking to purchase a rental property within the next 6 months. A fellow BP member made the comment about putting loans on a 15 yr note vs 30 yr to be debt free sooner which I ...
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Hello,37yoM living in LCOL area Midwest. I'm a PA and wife is an OTA. Current income is around 450k on W2s. I max out 403B. Going to begin maxing Backdoor Roth this year. Hold some VTSAX. Homeowner. Looking to begin d...
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Hello BP community! I'm almost a year into my REI journey and I currently have two sf houses. I originally paid 131k for my first property in Joliet,IL which casflows $300 per month after all expenses paid. The dilemm...
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Hi follow Dallas investors, my name is Ray, I'm an out-of-state investor from California, and I'm considering using my IRA funds to flip and sell houses in the Dallas area. I'm looking for an investor who has done the...