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Hello! New to the forums so hope I'm in the right place.. So I currently have 2 properties, one 5 unit, and one 12 unit- These are currently managed but the rate is 17% gross which is killing my returns. I am curious...
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Hi! I figured the military investing category is a good one to post my experience. I've been in the Army for a little over 20 years and am looking to retire in the next several years. We've been investing in rental...
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Hi all,A realtor/investor reached out looking for $12k to help fund a deal and promised a net return of $24k to be paid 60 days after the property has been rehabbed and listed for sale. We have since defined the listi...
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Anyone ever heard of this? I do short sales & someone I recently met cash flows the properties while they are negotiating with the bank. They do a month to month lease or rental on the property during the negtiati...
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A property with two mortgages is coming up for sheriff sale. The second mortgage, which is a construction loan (and twice the amount of the first) is foreclosing on the property. I was under the assumption that the fi...
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Hi all - I own a little condo/townhome in a booming part of Pleasant Grove, Utah. Currently very actively trying to decide if I should sell, or try to keep it as a rental. I keep getting conflicting advice. My wife an...
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Hello! I’m 19 years old, and I just started my first full time job at a Jeep dealership. I’m doing great so far, but obviously my real goal is in real estate. I want to get into rental properties in Grand Rapids Mich...
Hi, This is my first post on Bigger Pockets and I'm excited to be part of the Bigger Pockets community.I'm a new investor and have zero hands-on experience in multifamily properties. I've read a few real estate books ...
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I am curious, if you use a self directed IRA in a BRRR strategy, when you refinance the house, can you take some of the proceeds out as cash; or, does it all have to stay in the IRA?
Hello all,My partner and I are interested in real estate investments (we have some experience, not a lot...). I live in Denver. My partner lives in NJ. We have about $400K in cash (so assuming a 25% DP, we are talking...