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6 August 2024 | 54 replies
Just read an eye-opening article about the recent rent crisis.
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5 August 2024 | 8 replies
I have included an article below about how DSCRs play into BRRRRs.
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9 August 2024 | 184 replies
Can you provide the article or data that you used, I would like to read into it more.
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6 August 2024 | 0 replies
To do this you could take courses, attend training sessions, seek out a coach or mentor, and read articles and books.
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7 August 2024 | 32 replies
https://www.biggerpockets.com/member-blogs/2810/21298-solo-4...Quote from @Daniel M.: I’m considering cashing out my 401(k) and IRA funds to invest in more real estate and would appreciate any advice or insights on whether this idea is viable.Current Financial Situation:Significant savings in 401(k) and IRA accounts.Additional funds in a taxable brokerage account.Age: 40, with a relatively high effective tax rate.Limited emergency fund.Existing Duplex:Mortgage with a 75% LTV ratio and a high interest rate.Modest annual cash flow.Withdrawal Scenarios:Scenario 1: Withdraw everything today at age 40, resulting in a 35% loss to penalties and taxes.Scenario 2: Withdraw at age 60 with growth scenarios ranging from 1.3x to 2.3x the initial balance.Proposed Real Estate Investment:Purchase two additional duplexes with a 75% LTV and 6.635% interest rate on a 30-year term.Projected outcomes include appreciation, cash flow growth, loan amortization, and tax benefits.Comparison of Real Estate vs.
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5 August 2024 | 7 replies
I wrote a long piece a while back you might find helpful: https://www.biggerpockets.com/blog/due-diligence-ultimate-gu...Good luck!
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6 August 2024 | 32 replies
If you can find wholesaling real estate in there, please give us the article and section numbers for reference.I can't speak to Maryland, but in AZ, transacting/brokering real estate without a license is illegal.
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6 August 2024 | 7 replies
I've seen this number a lot in the forums and other related articles.
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7 August 2024 | 13 replies
That equals a lower supply of available labor.Here is a quote from an Axios article from an interview I gave them back in December.
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5 August 2024 | 7 replies
And there're tons of blog posts and podcasts if you search for them.