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Results (10,000+)
Mark Brown Sale at a $50k loss at purchase price or in repairs? In a -$100k hole
11 October 2024 | 6 replies
Or do I reduce the listing price by $50k?
David Cianci Should I create an LLC before I buy my first property?
15 October 2024 | 40 replies
Here are a few below:Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal ownership you need insurance.If you search the forums for this topic using the magnifying glass feature in top right corner of your screen on BiggerPockets you will find a lot of discussion on "Quit Claim" "Buying through LLC", "LLC or not" etc....
Dennis Smith Question about values after a natural disaster
11 October 2024 | 12 replies
In the short term, if your property is still standing and others are heavily damaged, prices could go up due to reduced supply—there are just fewer homes available that aren’t in need of repair.
Johnny McKeon WOULD YOU buy your interest rate DOWN to 6.375% for $22k? With a 34 month breakeven
12 October 2024 | 16 replies
During this time, you'll only be paying the interest, which means your payments won’t reduce the loan principal.
Frank Barletta Houston: Gross Weather, Lovely Investing
9 October 2024 | 9 replies
However, it’s crucial to ensure that the HVAC system is adequate for the space to avoid high energy costs.Flooring: The hardwood flooring adds a high-end touch but will require regular maintenance to prevent scratches and wear.
Kent Ford Is the Texas Housing Market Still a Buyer’s Paradise in 2024?
15 October 2024 | 26 replies
It is an interesting time obviously with an election and rates coming down and potentially a good amount of inventory being built but as the fall and winter come fewer people who put existing homes on the market which reduces competition for those first-time home buyers.
Nina Penuela Why You Should Consider Out-of-State Real Estate Investing
11 October 2024 | 1 reply
Diversify Your PortfolioInvesting in multiple markets reduces your risk.
Tanya Maslach Doing a deal in November/Dec in Colorado?
11 October 2024 | 7 replies
Competition is reduced as most retail (non-investor) buyers tend to hold off until spring, given the challenges of moving during the winter.
Account Closed PEP fund with Lane Kawaoka
15 October 2024 | 69 replies
LPs will have to decide if PassivePockets LP-Only sections have the potential to reduce their risk or will enable them to increase their returns by 1% or more (1% of $50K invested is $500 per year).
Anthony Chaiton HVAC for New Build 3F “Tripledecker”
8 October 2024 | 4 replies
IMHO You can go with ducted minisplit systems as this is a new build and subject to the newer energy code.