I'm 20 years old enlisted Navy stationed in San Diego for the next 4 1/2 yeRs. I've been reading this site as well as many REI books for the past year and I'm itching to actually get involved in investing. Given my cu...
I found this 6 unit multifamily. Here are the numbers:Monthly income: $5450Yearly income: $65,400Total reported expenses: $22,900 for the yearNOI: $42,510. He is asking $425,000 for the property which puts it rig...
I live and own in a secondary market that has seen a crazy run up. Houses are getting multiple offers $20-25K over asking. I also own a small apartment complex in a tertiary market.
RE here seems to be at red hot no...
Hi All! When it comes to vacancy, what are you doing with the loss for that while your unit is on the market?
For example, I have a unit renting for $950 a month, which means daily it is around $32. If a week is vac...
All:I am new to real estate investing. I am an attorney by trade (and will be begin an MBA in the spring). Through my connections, I have been presented with an opportunity, and I would like anyone's input.Here are ...
I'm in the middle of really focusing my strategy and to really win I'm going to need to leverage a lot. All of my rentals currently are financed and I plan on financing them all until the bank doesn't let me anymore. ...
I've done a search on this and couldn't find the answer. Sorry if I'm covering old territory.
I understand the 1031 exchange pretty well. I have a very specific question.
Do I have to fund the downpayment of the pu...
Hi Everyone,This is my first time posting anything on the forums. I’m currently looking for asset protection attorneys to help me set up my (S)LLC. However, I am based in California and planning on investing in the Oh...
So, I made the mistake last year of purchasing a home before learning about Biggerpockets/house hacking/ rentals/ etc.
Anyways I’ll be starting another job soon that’ll allow me to take on my real estate endeavors t...
Hello! I'm new to the community, and I was hoping to attain some advice.My sibling and I are going to acquire a small office building, which will be leased to tenants.My sibling solely provides the capital for acquis...