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Hello everyone!Quick bit about me- I'm a data scientist working in NYC and literally just started looking into REI a week ago. Mostly because of the dream I have of retiring early with a nice cash flow, but also partl...
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So I have found a property, in a decent middle class neighborhood, the details are as follows:
[list]Property Price: $140,000 (asking price, can negotiate down but for analysis purposes keeping it here)
# of Units: ...
Hello everyone. I’ve been following Michael Blanks content heavily over the past 2 months and what really stood out to me is the cost segregation & bonus depreciation. If someone could please explain these terms a...
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I have had a number of investors that have been excited to take advantage of airbnb with their rental properties and their own homes. Numerous clients of mine and aquaintances have already cashed in on airbnb. Propert...
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I think it would be great to hear what the bigger pockets community would do in this position:
If forced to re-start from the beginning with no capital, no credit, and no connections, what would your first step be.
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How do you price MTR stays, is it somewhere between STR stays and LTR rents? Also, what are typical expenses, also between STR and LTR? Need to know MTR cash flow profile so can make appropriate property offers. Thank...
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When I first got started in this business my mentor said "Start with the numbers and be an expert at spreadsheets!" Boy was he right...This game is more underwriting than anything. It doesn't matter how much money you...
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Hey Guys how are you, I hope all is going well with your RE endeavors. I just wanted to share about a deal i just closed on this morning.Details:I currently reside in NYC, which is seen as "too expensive" to invest i...
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My goal is to build up to 50 properties. Where have you had the most success? I am open to any location. What is your best advice?
My girlfriend and I live in a house (with a conventional mortgage) that we don't wish to move out of. I want to get into rentals, but don't yet have the capital to put %20 down on a sfr in my area. I do however have t...