Hi All, I've not only been a long time fan and consumer of BP, but I've had a goal of house hacking a 2-3 unit multifamily property for a couple years now to help facilitate not only an increase in savings from my W2 ...
Purchased a 1 bedroom condo for $180,000 in late 2008. Current CMA value is $130,000. Reserves: Reserve fund was $16,000 in 2008, but NO reserves remaining. There have been no reserve studies.Financials: The condo c...
Hi there- I am interested to become a landlord. Has anyone considered properties outside of your state? I am in NY and rentals here are insane but also very expensive to get into. I am interested in properties in F...
Buy and Hold is promoted by most property investors as the Holy Grail. How can so many people with money be so wrong?Although many created their investment capital by wholesaling houses they now choose to become inves...
Hello BiggerPockets community!
I’m a 21-year-old college student majoring in physics and economics, I am the president of the Commercial Real Estate Club at my University, and am preparing to enter the investment b...
Taking action isn't only investing in real estate. You should take a break from buying if the deals don't match your buy box, you are out of money, or for several other reasons (partner isn't on board, over-leveraged ...
Hi all!Apologies in advance for a very long post. It was more to help me to pull my thoughts together in one place but figured I'd include it to give additional color and information. That said, if it is anything like...
Hey all,So I’m tossing around the idea of buying a STR with the intention of my family getting use out of it.Currently I live in South Jersey and my family travels to Florida a few times a year, In the summer we spend...
Background
I'm a new real estate investor in Miami Beach trying to buy my first property, preferably locally*. I could spend at least $500,000 in cash on a property myself, $1-20 million if I go into it with a family...
I just finished EOY tax planning sessions with my clients, and Roth conversion was one of the topics. It reminded me how confused most investors are about Roth and prompted me to write this long post. Since Roth-relat...