I purchased my first home when I turned 25, and was able to save enough money to purchase my first investment property at age 28. I purchased the condo for $88,000 and after rehabbing the property, I was able to get i...
TL;DR: A cash-out refinance will make my original property negative cash flow of $250, but my use of that cash (either in the "holding" investment or the eventual STR property to put a down payment on) should more tha...
This deal has evolved and I'll post updates here when relevant. I added a brief post about this on my profile, but here are the rest of the details:This is my second deal. My first was a vacant office building that I ...
Been a while since I have posted, as I have been busy! Closed yesterday on two 36 unit MF complexes in OKC (portfolio deal.) This was a 1031 exchange using money from the sale of a property in Austin with the differ...
Hi ,I have have been buying & holding single family homes for 30+years as an investment approach outside my occupation as an engineer/consultant. As I near retirement my wife and I wonder whether to stay in real e...
Any issues w/ REI Nation?Hi GREG, Since you recently found our company, whether you recently downloaded one our e-books from Bigger Pockets, found us on Google, or perhaps you heard about us from a friend or colleagu...
The question is whether to leverage an apartment building more. I already posted the setup several months ago:I'm a 63 year old doctor and a student of BP and RE investing but little practice. My investments have been...
I am a 25 year vet of commercial real estate brokerage. I have focused on investment sales my entire career, primarily stabilized income producing properties. I acquired my first MF property in 2019 (a four plex) in a...
Hi,
Before I jumped into questions, here is our (Me and My brother) background;
Both Have Full Time job with recently sold Vacation home which got us bunch of profits. We tried to do 1031 exchange but failed and not...
Hi all, I am looking for some expertise from STR landlords or accountants. I currently have W-2 earnings and realize that I can buy a STR, spend 100 hours fixing it up and staging it, and perhaps manage to get a few g...