I am looking to purchase a vacation home/investment property in Rhode Island. I am currently in NY, my initial idea was to use home equity loan or LOC from my current home for the down payment.
1. Is this a good ide...
I live in ny and I’m refinancing my house in order to continue investing. I’m thinking to invest out of nyc cause is too expensive. I’m going to receive 100g should I buy in cash or finance my next purchase? And any r...
Hello - I'm looking at a commercial retail deal where the real property taxes shown on the operating expenses are super low in comparison to the purchase price of the building. I know after the purchase, the tax expe...
Hello Everyone, I need some help in analyzing a current Rental Property Deal and wondering what you would do with this sort of deal. It's a triplex with built in tenants that want to stay. It needs updating, but rep...
My neighbor is moving and wants to rent his home that is across the street from my primary residence. I have three rental properties in the same area. He and I are in discussion on me acting as the property manager fo...
So it has taken me a few years but I now have 55 annual rentals and a few seasonal rentals that I manage, here and there I will also rent a unit for someone and let them manager it thereafter. I truly like managing re...
Hi everyone!I am new to this forum and my husband and I are a younger couple interested in building our real estate portfolio. We live in the Bay Area where prices are notoriously expensive. The question that I have i...
I have recently been bit with the RE investing bug, after becoming disenchanted with stock market investing and my current career, so I am seeking passive cash flow opportunities. I have been reading and listening to...
What do you think? Good deal or a pass?
The numbers:
Seller wants $2 million dollars.
6 units are 1 bedroom and 1 bath and rents are under market by around $500 to $600 each.
There are 2 : 2 bedroom and 1 bath...
Evening folks!
Hi BP!
My wife and I have some leftover 1031 funds that we're looking to deploy into another investment here soon to stay in line with the IRS timelines. We've used about 2/3 of it purchasing anothe...