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I’m 54 and husband is 57. We would like to start REI but worry we are too old. If we want properties to cash flow to help build some retirement and possibly find a retirement in 8 years ( meaning, quitting our 9-5 in ...
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Hi all! I'm new to REI and am trying to understand the BRRRR strategy. Can ya'll tell me if the hypothetical BRRRR deal makes sense. Thanks!Let's say I buy and rehab a property for $50,000 (all expenses included here,...
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Hey everyone, I haven’t really been active in a while since I sold my rental property last year. However, my wife and I have since found new motivation and come into a little money and now we want to capitalize and ma...
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We purchased a rural, small multi-family (12 units) in July of 2017. We added 3 units (to 15) and made some minor changes. These have increased our value by 75% through forced appreciation and buying it right. Along w...
bank owned. I have a verbal acknowledgement that they will accept this number. Will a private money lender loan on this with no money down...or would it be easier to try and find someone to do a joint venture?
So I recently bought a SFH to rent out and just had it remodeled. The guy I hired I asked to do a laundry list of tasks which included painting the exterior. That same day I contact him for the job I had told him I wa...
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With last years taxes, I was able to write off my rental income down to zero through depreciation, repairs, hoa's, taxes, insurance, etc on my rental properties.Since I do not meet the qualifications to go to $-25,000...
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I see too many new constructions around GTA, and I was wondering if a good idea to invest in a house that the closing date will be in 2022 or 23, so downpayment can be paid gradually, also inflation rate will do its m...
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I have been reading books/taking online courses in real estate investment and have saved up quite a bit of cash. I want to invest in my first investment property when prices are hopefully lowered due to COVID. I curre...
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Hi, I just purchased a duplex in Hapeville. I'm rehabbing one empty side now, and wonder if anyone has had experience in using an investment property as a crash pad for airline employees. How do they work? How do y...