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Hi,
My name is Michael and I am a 29 year old from Murfreesboro, TN looking to invest in my first rental property (thinking a single family or duplex). I am reading some books from BiggerPockets and I am having trou...
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Hello all,We are a buy and hold investor that operates in and around Chicago. We don't typically sell our properties but we are in a scenario where we have a partner that has a life situation requiring the partner to...
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Hi All, I am a new real estate investor. I am planning to move approximately 550 miles away to a new state for a new job. I intend to maintain my primary residence, purchased just over a year ago, as a rental property...
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How many of you are full time employees at your work, but do rental properties on the side? Can you share your systems that you have in place that have allowed you to be successful? How many rentals, returns, goals, o...
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Wow.. where to start. I am looking at some rental property for long-term buy and hold that is not in my hometown. Reason? Around here, its the 0.8% rule, not the 1% to 1.5% that makes the numbers work so much better.
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Hello everyone! I am about to pull the trigger on an 8 unit multi family building in Delavan WI. The property is located in an area that is appreciating and growing rapidly. This will be my first commercial multi fami...
The House is not under an llc. Just want to start setting up as if it were. so far i have thought about creating 7 accounts.1) all rental income account 2) account where common utilities and mortgage will be billed3)m...
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Looking at a 27 unit complex in SW Florida. Two and three bedroom town homes, built in 2016 & 2017. Have the rent rolls and financials since inception. Fully rented with average rent of $1550. Vacancy running arou...
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I did it! I bought a duplex. I'm living in one unit. I'm renting the other. Now, I want to be proactive about the bookkeeping so that I don't have a nightmare at tax time. Here is what I want to know. I set up three n...
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So this may be a long post, but I want this to help others who are exploring out of state investing in a new territory like Detroit. I've been in investing in Detroit since early 2023. I started my investing journey i...