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Hi! My wife and I are new to real estate investing. Since we are planning to purchase and move into a new home for our primary residence, we are trying to figure out if our current home will cashflow well. Our situa...
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We are closing on the sale of a condo we own at the end of the month. The condo was used for several years as a short term rental. The proceeds are $140,000. The condo sold for $375,000.We could take the entire $14...
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With such a high demand for affordable housing in California, Oregon, and other states, has anyone tried developing a manufactured home park or anything similar? What are the challenges with getting it approved? Is it...
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Hi Guys, Have any of you ever felt yourself hitting a wall when it comes to your investing goals?🙋🏾♀️I have been thinking a lot about finding an investment mentor to talk some decisions through with but for the fun of...
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My wife and I both have 800+ credit scores (thanks Dave Ramsey). No debt besides a mortgage for less than 50% of our $300+K primary residence. (Thank again Dave) $90K combined income. Recently caught the REI bug a...
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So I recently discovered that I will be inheriting a piece of farmland. Not all of it but a fraction and we are either going to buy one another out at a deal price (around 50k) or sell on the open market( hopefully ar...
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When treating REI (rental properties specifically) as a business, do you take all of the net cash flow as owner draws or do you treat this like a regular business and take say 30% of net profit as owner draws?
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Hello everyone, I am reaching out looking for guidance on what my next move should be. I currently have three rentals, all occupied, two in NC and one in MI. I have conventional loans on the two NC properties and have...
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Hello everyone, my name is Nathan. I'm not sure whether I consider myself a newbie or not. I have been tinkering with RE investing for about a decade now, with some time spent on other things in the middle. My m...
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Hi Everyone,
Newbie investor working on getting my first deal put together. I had a question I'd like to ask to some of the more experienced investors - when looking at a potential property, what are some of...