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I live in Lake Shastina California. A few years ago, in the bubble, I saw real estate prices going up and decided to get into the rental business and I bought three rentals. Long story short, these houses cost ARV ...
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Hey everyone, my name is Rob Gard and I live in Schererville Indiana - about 30 miles outside of Chicago. I currently work in downtown Chicago and have been climbing the corporate ladder for the past ten years. Real e...
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The details:Total of 7 beds, 4 baths divided into 3 units in Steamboat Springs, COPurchased off MLS for $695,000, 25% down.Approximate remodel & Setup Cost: $200,000Total Cost of project upfront: $373,750 Traditi...
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Say if I entered into escrow on a property, went through entitlements, and put in money to develop the project, and upon successful achievement of entitlements sold the property for a higher price than what I was in c...
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Short-term rentals can be a great investment, but only if you invest in markets with high restrictions. Choosing markets that have tight regulations on short-term rentals would mean that there is a higher demand for t...
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I'm planning on purchasing an investment property in the range of 30K-50K, instead of using my capital looking to borrow from a private money lender. This private money lender is an investor with many properties and i...
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A friend of mine is looking into doing a 1031 exchange on some property; however, he's getting some conflicting info on one aspect of it so I thought I'd ask the experts here.
Here's the situation:
He is selling som...
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I acquired my 9 unit and 4 unit multi family units in 2018 and this month i am finally done seasoning them. I rehabbed and renovated them raising rents from $500 per month to $700 to $800 per month per unit. They ar...
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Hey all, trying to setup business structure for 2019 to improve lend-ability/DTI in future years. This post is about improving lend-ability, not tax savings (which seems to be the topic on most LLC vs S corp threads I...
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Hi BiggerPockets,My name is Nathan, I live in the Kendale Lakes area of South Florida, I've recently turned 25, and just crave achieving financial independence. I've been working a full time job handling worker's comp...