Account Closed
What should my next step be? (beginner)
Hi
I'm new to these forums. A few months ago, I read Robert Kiyosaki's Rich Dad, Poor Dad. After that, I bought and read a lot of the other books in the Rich Dad series. I then began reading real estate books from oth...
Whitney Rekowski
Rehab yourself or contract it out- How to analyze?
What is the best way to analyze if it is worth doing renovations yourself or if you should hire a contractor?If you choose to hire contractors, what’s the best way you’ve found and determined they are quality and reli...
Jack B.
Capital Gains Tax free exit from rentals: it is possible
Well, not entirely, but you can shield more of it.
I'm going to use a very round and specific example to demonstrate this concept. Check my understanding of the tax law on this.
Let's say you make x a year. You ...
Account Closed
Best way to finance your first investment property
Much of the advice I read says the best way to start investing is to live in your first home so that you can go FHA, making it a little easier to get started (lower down payment).My situation is unique in that my boyf...
Joshua D.
Money,Net Worth and things people dont wanna talk about?
What do you think the average net worth for a retired person is? How much do you think for ages 20-30,30-40,40-50,50-60,60-70 ?
Tausen Richmond
The above average worker can't even qualify
In my area the cheapest you can get a home is about 200k. If your lucky you score a 20$/hr job (min is 12$), and get 40k per year, and are still unable to qualify. This is a reality for most people around me, they ren...
Brendan Ferguson
House Hack Chicago
New real estate investor. I am looking to start my real estate journey with house hacking small multi-family property. I am limited to house hack only in Chicago because of my job with the Chicago Fire Department. Ex...
Robert Agua
Los Angeles newbie
Hello bp community. Have known about the site for awhile and it's awesome.I owned a property in Arizona before, but lost it. So now that I'm in Los Angeles area, I want to invest in real estate without using my cred...
Al Caan
Financial free from rental
For those who are financial free from rental I come, what got you there and how many units were you buying yearly? What your key number monthly.We have millionaire podcast this Wednesday so why not start what got you ...
Bryan Vincent
Financial options to get started in MFH
I'd like to get into multifamilies and maybe fix them up a bit if need be. What would my finance options be? I don't feel very comfortable partnering up with people because I don't want to mess with other people's sa...