I am a new investor and looking for insights into this investment deal from others. I am also new to duplexes, but trying to house hack etc and then turn it around as a potential investment property on both sides. Goo...
Hi all-Similar to what so many have done before, I plan on using this forum post as step-by-step outline of the steps I take until I close my first few deals. First a little background on myself:I am a 26 year old guy...
So, I am planning to finish my primary house mortgage. Was wondering if I have to do any work or be prepared for anything before I satisfy the loan? Understand, have to take care of insurance, taxes and deed with the ...
Hello,Depreciation is touted as one of the big benefits of buying investment real estate (rentals) . I am not able to understand the benefit of taking depreciation on a rental property. On one hand IRS rules force you...
Hi! I am studying to become a General Partner for Syndicating (60-120 unit) apartment deals. I want to begin in Dallas, TX where my MF mentor and mentoring group are based. (Why reinvent the wheel, right?) Anyway...
I wanted to pose this question to a BP forum to get your take on this. Private school or more expensive home? So Rich Dad Poor Dad has left quite an impression on me. I'm being very mindful to adding to my asset co...
I bought a new house in Durham for me and it will be ready in October. I’ve lived in my current home (Raleigh) since 2018 and I’m hoping to keep it, but have several questions. My mortgage is $1400 and the house shoul...
Hi All,Longtime lurker first time poster. I’m considering accepting the terms of a Subject To deal and want to know if I’m missing anything. I’ve done several deals in the past but have never done a subject to. I'd li...
I have two questions regarding a syndication I will start. If I hold the money for X years:- When do returns get paid, and by what priority?- If the final calculation on ROI is determined once the term is up, then the...
Hello Friends, First time here. Seeking your advice. My agent got me a Family Dollar property near a town 25 miles from houston texas. With a Cap rate at 6.5% , this property built in 2010 with NN lease is costing ...