As an excited newbie, I have very little experience in real estate investing so at a meeting with my financial planner I asked about house hacking as a busy professional and he stated it would be a bad idea. This too...
Question for my seasoned investors and mentors. I'd like to get a healthy debate going here. I live in the very expensive Brooklyn/NYC market. I have about 250k in liquid assets and I earn a high W-2 income. I have a ...
Mind Blown: For the longest time many people have posted so many negative things about banks etc. Myself included..... then I thought about it: Why tf would I hate a partner with virtually an unlimited bank account? B...
I got a call the other day from a cost segregation firm. He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year. This is due to taking advantage of bonus depreciati...
I'm ready to buy my first duplex. In our market I can buy a habitable duplex in a low income urban market for 30k. Rents are aprox $500/unit but will likely be low income urban or section 8 tenants. The ROI opportu...
Like a lot of young people have done my wife and I have managed to place a lot of debt on top of ourselves, some of it good some of it bad. My wife is a teacher making 35000 a year. She is a 10 month employee so her p...
This is a three part question....Am I wasting my agent's time? Should I ask to enter a buyers agreement? Should I just approach the listing agent on my own? I have zero investing experience.Background...After speak...
Diary entry One- I just spent a month doing the due diligence, aligning the management team, developing relationship with key players (particularly the lender), and I am almost there. Well, .. . . was almost there. ...
I have a tenant that his moving out of a rental this week and asked my property manager when they will start showing... they just informed me that they won't show the unit while the corona virus issue is going on. I o...
The last 4 or so offers I made (at or above asking) on condos on oahu were blown out of the water..1. Like 2 weeks ago on a 1BR in my building. I made a full price offer and bam, they had an above asking cash offer an...