Hi all,
I need help figuring out this process from beginning to end. My mother just inherited a small piece of land. It's 4 - 4.6 acres located right outside of Washington, D.C area. The location of it isn't as impor...
Hello, this post is an update to my previous post : To summarize that post: buying a house for ~$250k w/ a 30-yr fixed rate loan, will try to lease it out for ~$2k a month, monthly expenses are ~2.2k a month.The fixed...
Hello Everyone,I wanted to get some advice on investing out of state. I currently reside in California, and it is more costly for me to get started in my area. I am considering looking at properties in the Milwaukee m...
I've read a lot and listen to almost all of the podcasts. I've analyzed numbers, and to me it comes down a simple two step program for success. Any more that this, and you're getting into the weeds.Step #1: Buy a n...
As you can tell from the title I'm trying to decide whether I should lower my rent or not. Here's my situation.
I have a class A property that I currently rent for 2800/mo. It is kind of niche for the area as I rent ...
Hi, we are new real estate investors. We just purchased our first property. The tenants are accustomed to paying their rent to the old owner in cash. This will not work for us. We would like them to use some form...
Working full time while attempting to invest. If my goals are to leverage RE for financial freedom, should I still max out retirement accounts?
1. Roth 401k vs 401k?
2. Open a Roth IRA as well?
Trying to figure out...
Hi All, long-time lurker on Bigger pockets, but a first-time poster. I am beginning my real estate investment journey and know that I want to invest in a property out of state (I currently live in Seattle, WA). I woul...
This may be the type of question a few of you may call me an idiot for asking, but give me some slack here, this is my first ever investment property. I have been searching around Bigger Pockets and asking friends/co...
Hello Everyone,I've learned a lot from Frank Gallinelli's "What Every Real Estate Investor Needs to Know About Cash Flow," however, the Internal Rate of Return concept is still a little confusing to me.In this book th...