Just contemplating selling one of my STRs and buying MF. I purchased it in July 2020 and it has been running as a STR full-time since Feb 2021.Any thoughts, strategies, tax consequences, etc, I should be thinking about?
1. If a newbie investor has access to a 401k loan for the down payment, how is that viewed by Hard Money Lenders? 2. If using the 401k loan as a down payment, I assume it's best to wait until after a credit report and...
In much of the research I have done I have been struggling to find rental properties that are going to be able to cash flow well in this economy. I am looking at investing for the long term and am okay with getting in...
First...after a 1 year battle with Cancer my mother passed away...another year has gone by getting our lives back together, kids graduating college, etc. Many of you offered kind wishes and it was well appreciated. Th...
Hello! I need help from smart people on this forum to decide whether my rental property should be sold or kept. It is a condominium with 3 bedrooms/2 baths, 1200 sq ft, built in 1997. It was bought in 2011 at a price ...
Hi everyone,I signed a contract on my first house in Fort Worth with a new build company, Bloomfield on Sunday (4/24). This process of finding my first home as a primary residence took a while because I wanted to find...
Hello, new here to BP and to REI. only been looking to actively get into RE in the past month or so. I have two deals I'm looking at and the numbers are hugely different on each, so I'm looking for an outside perspec...
I just put a vacant lot under contract, and I'm going to be contracting our next house myself. Any tips for reducing costs or mistakes not to make?
Hello BiggerPockets community,I am a new Real Estate Investor and would love to get some feedback on our strategy.Goal: Achieve sustainable income of net $10K/month, while the properties appreciate long term. I am a b...
Residential property: Net annual interest income can be considered as an excellent lie in a range offrom 6% to 7%. (Commercial property: from 12% to 14%).(That’s my first article here. I live and work in Moscow. The i...