Ana Bejar
Just want opinions how to invest my money
19 May 2024 | 8 replies
Scenario 1 = It looks like you have $950,000 cash to pay off the mortgage balance off.You are getting $70,000 additional cash-flow$70,000 / $950,000 = 7.3% which is not bad considering this is just cash-flow and you likely get an additional 4% appreciation bringing your total return to around 11%The thing to consider is that you would then lose the mortgage interest deduction.Without that deduction, it may put you into taxable income territory.You may want to consider seller financing some of the properties and see if you can get 8% to 10% interest.it would guarantee you a return and still get you nice interest over a period of time.As I get older, I want my investments to be more 'simpler'
DK Joshi
Hello BiggerPockets! New PRO here
21 May 2024 | 4 replies
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best
Marlon Jackson
Cold calling with Virtual assistants
21 May 2024 | 30 replies
Pretty much just having them bang that list to see if they want to sell and set the appointment to the seller call to me.
Ugo O.
Starting out as a Candian looking to invest in the USA
20 May 2024 | 10 replies
I believe that starting out, you would need to find an investor lawyer and accountant to help you set up the legal entities in both countries, then research your market, find financing, build a team, and so on.
Rome Star
I am eager to enhance my knowledge in the field of real estate investing.
19 May 2024 | 2 replies
This prompted me to shift my focus towards planning for the future and setting clear goals.Motivated by a desire to own a home someday, I began exploring listings on platforms like Zillow and Redfin.
Chan K.
Landlord Leaving your Job
21 May 2024 | 9 replies
Ideally, if the numbers are close and you're considering quitting your job is there also a way for you to freelance or do something else for extra income part-time?
Kristine Ann
Screening for MTR and Coliving (Education Requirement?)
21 May 2024 | 6 replies
I'm going to look into this further in NY because my plan is to set up a coliving arrangement, exactly what a boarding house would be.
Gaurav A.
Dayton Ohio: Neighborhood info needed
20 May 2024 | 27 replies
I've sold (for others) 6 properties in that neighborhood in the last 60 days - all were vacant and run down, and all of them were bought by experienced investors (their condition prohibited most would-be homeowners from considering them).
George Duchatelier
Revocable Trust and LLC question
21 May 2024 | 14 replies
You can leave the property in the Trust if you like and purchase an Umbrella Insurance Policy (a cheap date that all investors should have/consider) which will give you more protection should you be sued.
Blanca Munoz
Who to learn from
21 May 2024 | 5 replies
Check out my personal favorite, Set For Life by Scott Trench , or The Total Money Makeover by Dave Ramsey.3.