Hello everyone. I'm new to the process and a young entrepreneur wanting to starting building wealth. Long story short my family friend is a successful property manager who buys properties in Memphis right now (I live ...
I'm analyzing a 60 unit building in Tampa and the financials look solid. 42% expenses, 8% cap rate, 14% cash on cash. Problem is I need a money partner but feel like anyone with $400k+ to put into this deal has the ab...
Hello. I am a new investor with under 5 properties. I have a great portfolio deal and would like to tackle it, but I do not have the capital or profile. I am very open to a partner that brings the capital/profile but ...
We are buying with a second home mortgage. We intend to use the home personally when we can but primarily for STR. Our plan was to quit claim deed the house from the bank to an LLC after closing but we know there’s a ...
I have the opportunity to buy a mobile home park. I asked a broker I know about multifamily investing opportunities and he showed me this property. It is not listed on the MLS. It is 5.7 acres, currently has 12 mobil...
Hi all. My wife and I think we are going to buy a first rental property and wanted to check in with all of you experts, particularly because our plan might be a little different than most.Us: 55 and 51 years old, one...
I am wondering how long it takes on average (i know it differs greatly) or what you have seen for how long it takes people to be full time REI. I have made a business plan, which is ever so changing of course and am l...
Hi All -I'll do my best to keep this as brief as possible, but I would like to give a bit of a brief background before getting to my big questions. I am currently a senior in college, expecting to graduate with a degr...
Hi All,
I am a new investor and have some money saved up that I like to deploy in real estate. I am currently renting and some friends suggest me to start off buying a multifamily property because 1) you get to use t...
Hello,I bought a new primary last year and rented my earlier home as I am able to cashflow $200 per month (this is thanks to 3% interest rate). If I sold the unit today, I will walk away with $100K in profit after age...