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28 January 2025 | 14 replies
So, your focus may need to pivot from high rental cash flow to little to no cash flow as a rental with an appreciation upside.I would recommend taking your $150K to $200K and securing a solid equity position in something that will cover its expenses and maybe provide a small cash flow, but then is poised to appreciate nicely over the course of the next several years.
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20 January 2025 | 12 replies
I have recommendations for lenders and agents in the area that can help your journey as well.
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22 January 2025 | 9 replies
I would also recommend joining local FB groups in your area.Hey Julia, My real estate agent just did a round of direct mail, and I have been thinking of doing the same.
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27 February 2025 | 26 replies
My recommendation use the new fannie mae 3% dp on 2-4 unit owner occupied in a neighborhood you'd live in yourself.
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29 January 2025 | 2 replies
Refer to your state, city and county resources for any required items, or recommended inspections.
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23 January 2025 | 15 replies
(normally recommended, especially if you are a landlord)- Water Backup: For water damage due to the backup of Sewers or Drains.- Personal Articles: Coverage for belongings that have a special or collectors valuesuch as Jewelry, Furs, Fine Arts, Collectibles, etc...Your age should not be a factor on the pricing but, depending on the company these other factors may get you credits:- Insurance Score (company pulls certain info out of your credit report).
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28 January 2025 | 20 replies
Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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28 January 2025 | 12 replies
There is a free version that allows you to do the planning, analysis and estimating that I would recommend you try before deciding to purchase the full version to see if this meets your needs.
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23 January 2025 | 7 replies
Hey @Mike Levene, I'd recommend considering a Margin Loan against your stock portfolio.
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30 January 2025 | 24 replies
Could seller finance (not recommended) to reduce initial burden and spread it out over time