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Results (10,000+)
Andy Okamoto My Life-Changing Decision
26 August 2024 | 13 replies
@Andy OkamotoOne cautionary note: if your idea of "cash flow" is $10K in net operating income, $120K before taxes in your pocket every year off your rental property, well, if it happens to you in 10 years, it will be a low-probability event with a lot of lucky breaks and eventually will likely ruin your life when you make a misstep because you assumed your lucky break was the norm.If you're serious about moving out here, at least look at the Pittsburgh area and its proximity to Carnegie Mellon (tech) and UPMC (health care).
Jay Hassey CT REIA
25 August 2024 | 18 replies
Hello,I am a mortgage broker who does a few personal investment deals a year and used to go to quite a few ct REIA events.
Albert Johnson Shared electricity on two units
25 August 2024 | 10 replies
Funds will be automatically applied to unpaid utilities prior to rent.In the event unit #A is vacant, utility charges will be the responsibility of Tenant in unit #B with a 5% reduction of bill*, until unit #A is occupied and then billing resumes on a pro-rated portion, as described above.*5% of utility bill to be paid by Landlord while unit #B is vacant.
Rajagopalarao Paidi Negative cash flow for the most of rental properties
26 August 2024 | 34 replies
Very rarely, those cases happen due to some fat tails event-- recession, war, pandemic, etc.
Foxx Walz New RE Investor Seeking Community
23 August 2024 | 5 replies
Have you checked out any in-person events in your area?
Marcus Griffin Buy subto sell via wrap question
27 August 2024 | 15 replies
When I do subject to, as part of the deal, I won't impact their credit in a negative way.Additionally, in the event the "subject to" buyer is not able to cure the Due on Salecall, do you step in and pay off the note for them?
Chad Casey Hello to the group
22 August 2024 | 4 replies
You can meet local investors by registering to attend real estate events in your area: https://www.biggerpockets.com/forums/521-events-and-happenings6.
Kyle Canzian Anyone have experience with Zoltar Lending out of Cincinnati?
22 August 2024 | 12 replies
We're in Cincinnati, never heard of them and we go to a lot of REI events in town.
Rusty Scott Tax Treatment of Agent Commission on Own Purchases
21 August 2024 | 28 replies
If I ask the seller to reduce the price $3000 to $97000, that is not a taxable event.
Victor Peng Seller financing Down Payment of 20 Unit Apartment Building
23 August 2024 | 8 replies
Our attorney explained the "DOS clause" as a tool lenders can, at their option, exercise in the event a transfer has occurred.