Hello all! I’m an aspiring investor, and I’m living in Los Angeles so investing local is basically out of the question. Even a house hack is super tough in the city now. If I find one of course I’ll jump on it but any...
I have been making an effort to get into my first Multi, but it is slim pickin's in my area (south/ east Massachusetts). It seems investors are scooping up the cherries before they hit the real estate websites. T...
How much of your profits are eaten up by income taxes on rent paid each year?? I know you get deductions for depreciation, and maintenance but even after that, it seems like any profits would be eaten up and possibly ...
So I wonder what most of the other investors with multifamily rentals in the CLE market strive for number wise? I am not sure if I am expecting to little or too much? I am using the 50% for expense rule, after that...
For example: i wanted to know if I had rent coming in at $1000 and mortgage is $400, which the rule states that 50% of the income will go to expenses and the other will pay for the mortgage and the reminder will be th...
When buying MF (residential and commercial), how do you estimate utility costs, capital expenditures, etc. before you even know the market prices? Or how do you find out the market prices for these different expenditu...
Pursing a first-time home purchase and FI (financial independence) seems not possible from my position. Do you agree? What am I not considering? Should I change my risk-tolerance in order to pursue both goals? Any gui...
BP Community—equipped with many hours of Bigger Pockets podcast listening and forum trolling, the fiancé and I are actively searching for a multi-family property to owner occupy in the City of Chicago. Goal: leverage...
I'm looking at property in the state of Oregon, which has had amazing appreciation but poor (starting) cashflow. Basically the only properties I have found that break 1% are in rural areas, or dumps, or both.
I'm loo...
hello, I will try and keep this short and to the point. My husband was forced to take an early retirement at age 58. He has cancer in his spine that 6 months ago caused him to be pAralyzed from hips down. So then I q...