Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Tanya Maslach Using an IRA for downpayment funds?
11 October 2024 | 10 replies
The implications of taking money from a retirement account(if not Roth) is that the distribution will be considered income and potentially subject to a 10% penalty.In my opinion, real estate investments and securities within a retirement account are used towards your later years.So it doesn't matter whether it is in one bucket or the other.If you are subject to the 10% penalty, I would only take out a distribution if you strongly beleive your return from real estate will be several percentage points higher than what you can invest in with your IRA.For example, if your return within the IRA is about 8% and you can make 10% in real estate, I would consider doing the distribution because the extra return will pay off the penalty over a few years.Best of luck
Johnny McKeon WOULD YOU buy your interest rate DOWN to 6.375% for $22k? With a 34 month breakeven
12 October 2024 | 16 replies
Market ConsiderationsWhile current rates may fluctuate, the ability to secure 6.375% now might be a rare opportunity, especially given the overall uncertainty in interest rate markets.
Sanil Subhash Chandra Bose Simple Guide to Conducting a Title Search: DIY Before Hiring a Title Company
11 October 2024 | 7 replies
Mortgage: A legal document outlining a loan secured by the property.
Fareen E. Struggling with my "No Pet" Policy
12 October 2024 | 8 replies
We rarely have issues with animals causing damage and less than 1% of all pet owners cause more damage than the security deposit will cover.Pet owners pay more and stay longer.
Saurabh Patel Property Maanger stole my money - Tenant deposits and one month rent
10 October 2024 | 6 replies
Either have them start sending you their rent or find a new PMC ASAP.Once you have that issue resolved, you can focus on any missing rents and security deposit.When did the broker stop sponsoring your PM? 
Teahjsia Frazier Looking to purchase next property
11 October 2024 | 3 replies
I’m looking for some guidance on my next steps toward achieving financial freedom through real estate.My long-term goal is to acquire enough rental properties to secure my financial future.
Brian Phor Setting Up a Parent/Foreign Wyoming LLC
12 October 2024 | 7 replies
Many actually operate their real estate businesses more recklessly because of this false sense of security.
Devin James PUD Approval - 153 Single Family Homes
11 October 2024 | 7 replies
Yesterday, we presented our 153 Single Family Planned Unit Development (PUD) to the City Commission and secured a favorable 4/5 vote for approval!
Justin Hales Two educators looking into real estate investing
10 October 2024 | 7 replies
Having the rental won’t prevent you from securing other loans if it’s profitable, as lenders consider rental income in your debt-to-income ratio.
Account Closed PEP fund with Lane Kawaoka
15 October 2024 | 69 replies
Even when it is completed there is ongoing monthly cost to keep the code from breaking and keep it secure and updated.