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1 December 2024 | 91 replies
So in practice , accredited-investor-only investment has bigger risk/reward than public investment.First because public investment has its own transparency.
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26 November 2024 | 1 reply
I'm new to Bigger Pockets - Does anyone have experience investing in Qualified Opportunity Zones?
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20 November 2024 | 3 replies
If you are worried about being sued, there is an argument for opting to just get umbrella insurance.For your specific situation you could consider speaking with a RE attorney or there are services that can help you set all of this up.
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26 November 2024 | 12 replies
I see you’re not a long-term user of bigger Pockets.
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25 November 2024 | 4 replies
I came across Bigger Pockets a few months ago and have been learning on my own by listening to podcasts (RE Rookie, On the Market, BP RE Podcast) and reading the various recommended books every chance I get.
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27 November 2024 | 48 replies
If you're comfortable taking on more effort for bigger rewards, BRRRR might be the way to go.From a tax perspective, BRRRR may be better because you can potentially benefit from accelerated depreciation on the property, which can help reduce your taxable income and give you a bigger tax advantage compared to a turnkey property.
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25 November 2024 | 7 replies
I only say this because the question Bigger Pockets ask above is "did you work with any real estate professionals or lenders?"
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1 December 2024 | 25 replies
That's why the cash flow is low on that one, because it has a bigger mortgage.For the most part I consider Taylor to be B class.
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26 November 2024 | 17 replies
I've reached out to lenders here on Bigger Pockets- but their rates & terms seem high (DSCR or just not good terms)- I qualify for a conventional loan, but my DTI is almost maxed so why pay an extra 2-3% DSCR when I don't have too.
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21 November 2024 | 39 replies
Use a good lease Have proper insuranceAdd an $1million umbrella policyAnyone can sue for anything, but winning is another issue.