Hello BP community,My name is Thien (pronounced TN). I am a new real estate investor. In Feb 2016 my wife and I moved from Toronto Ontario to Hamilton Ontario and purchase our first house. In April 2017 we purchase ou...
Hi all - I'm a new(ish) investor in Phoenix, AZ. My past real estate experience is limited to leasing my single family home after I moved out (I used a property manager).I recently sold that property and am now under ...
I haven't conducted my first deal yet but, I am looking for ways to increase my monthly income. I have the idea of obtaining my real estate license in New York or New Jersey to work part-time as a real estate agent. S...
Hi, I need help with my REI business plan. So here is what I have so far.I understand debt to income needs to be 45%, so when filling my business taxes I wont write off as many deductions as last year to increase my d...
If I was to purchase a property all cash, I would assume using the CoC metric would be void, if that's the case, what would be my next best metric to use to help determine if the deal was profitable and good? Also, i...
Investment Info:
Industrial buy & hold investment.
Purchase price: $2,060,000
Cash invested: $375,000
Industrial Warehouse, with tenant in place. Purchased with three other investors.
Wh...
Hello, everyone! My family has been learning about real estate and we have been planning for our first rental purchase. We are planning on selling our current house and doing a house hack after it sells (waiting on i...
Hi BP,
I went into escrow on a fixer in palm spring recently. My initially planned was to fix it and put it on short-term rental. But given the recent shift in the market I am back on due diligence table. The Palm sp...
My apologies, I just learned about Self directed or solo 401K to purchase real estate. Does anyone have experience with these types of 401K’s? Pros/Cons? I appreciate the input.
I have a business partner who is located in another state. We are just starting to work together, looking for properties to BRRRR in my area (WNY). We are planning on splitting all costs 50/50 for properties and renov...