Hi all, this is my first post on any forum! I’m a new investor based in Chicago, but willing to relocate to nearly any city in the Midwest. My long-term goal (10-15 years) is to own cash-flowing 20 door+ multifamily p...
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Hi,
I have been thinking about different ways to get some rental properties for a few months. I was thinking a good way, before the market really rises, is get some Subject To or under a lease option, with the optio...
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My family has owed a modest size cattle ranch for close to 100 years in the mountains above San Diego. We are selling a piece of it but because of the capital gains tax we would be subjected to we want to do a 1031 a...
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How do you separate income and save for expenses? If everything lines up and its a good property what do you do to set money aside, hypothetically if your income was 1000 and you set aside 100 each for 10% for Mainten...
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Hi BP, I have been researching, reading and listening to everything I can find in REI for the last few months. I feel that settling on the plan to follow is the biggest hurdle. I am pretty sure I now understand my inv...
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Predictions for inflation have been around for years, now it's here and it will be for a while. It's in the news every day. CPI (consumer Price Index) came out a few days ago with 7.0% for 2021 and when I look at the...
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In the past year, I have purchased two properties in the state of Connecticut, but am yet to form an LLC, which I would like to do ASAP obviously for a number of reasons. I have put 25% down on both properties with a ...
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Hi everyone, I don't have much experiences in borrowing money and would like to ask for advices. Here is my sum up situation:
I bought my 1st rental property in Oct 2008. Currently I own 5 rental properties + my Home...
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I am buying my first property for rental income . It is 4-plex . I have couple finance options. The first one Is putting %10.5 down 4.62 interest rate no seller concession . So I am paying 37K out of my pocket with ...
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Hi BP,I have a question for you all: If you had $20k what
would be your first move with it? I've been saving up capital since I
graduated college and can't help but think how much time I am wasting. I
would like...