I have a rental condo in LA and planning on selling it. It should get 300K give or take. I have a note of 118K. After accounting for improvements and depreciation I have a cost basis of about 177K. I am looking to acq...
I would like to know what criteria you currently use for your buy and hold properties.
My current buy and hold criteria are:
sfr built after 1990
1300-2000 sq. ft.
3 bed 2 bath
Central air/ heat pump
City water and ...
We just purchased our 2nd STR and our 1st is a total cash cow. We have enough cash to pay off the mortgage on that 1st property and cash flow even more OR continue to invest that money into more of the same asset clas...
Hello, I am a 19yr old who is still a beginner & learning the ins & outs of investing in stock market. Should I focus on investing in a ROTH IRA or A Brokerage account? I still live with my parents and have no...
I'm in process of buying my 2nd property as my maine residence. Thinking to rent my 1st property. Just numbers don't really add up. So: 1) 1200$ mortgage payment 2 ) extra 100$ a month cause we are loosing homestead e...
Hello! I am moving to LA for work in a few months and wanted to take the opportunity to get finally actively involved in real estate investing. I'd be most interested in a live-in flip or house hacking, and this would...
Can I use a 1031 exchange proceeds to buy a vacation rental in Hawaii?Thanks,Andrea
Hey everyone! Obviously we all love using the BRRRR method to supercharge our wealth in real estate, but what are some downsides that you guys can think of that a newbie should beware of? I have a solid understanding ...
Was reading 7 Years to 7 Figure Wealth on this site and I'm at Year 5 - basically he takes roughly the same equity I have and trades up his 3 properties for a multiplex, that got me thinking about my current situation...
Washington state is on track to see a 38% increase in rental homes being sold in 2021 compared with 2020. New statutes being levied on the home-rental market and the ongoing eviction moratorium are cited by industry o...