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13 January 2025 | 11 replies
A tidy, well-organized space can help the appraiser focus on the home's features rather than distractions.Research Comparable Properties: Have a list of comparable properties (comps) that have sold recently in your area.
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22 January 2025 | 4 replies
Businesses are “living” organisms with a life of their own, usually having deep meaning to their owners.
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11 January 2025 | 9 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
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8 January 2025 | 9 replies
We wouldn’t want to resell within a year for the reason you mentioned, but we’re starting to think it’s a smarter strategy to buy and quickly fix up a duplex or more to first get our foot in the door.
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19 January 2025 | 51 replies
They don't seem to realize that this is a financial organization.
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4 February 2025 | 26 replies
from those I know the way they got going was to buy a 4 plex when it went up in value sell and buy an 8 when it went up sell buy a 16 then a 40 then 100 extra and you need no partners.. you grow it organically. however of course this is not pay 40k and your instantly an apartment owner..
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4 February 2025 | 11 replies
Let brokerage grow, tenants pay down mortgage, and save up for another property organically (Cons - slow growth, waisting equity// Pros - low risk)2) Cash out the $300k brokerage account, pay off the townhouse, start cash-flowing $2,400/mo, and save up for new investment or 1031 into multi family(Cons - cap gains tax on cash out, high Oregon income tax penalty, hard to find deals being $2,400 monthly cash flow) // Pros- cash flow, increased leverage into large investment)3) Cash out $300k brokerage and put into separate Multi Fam property, hoping for $2,400/mo+ cash flow, keep townhouse rented as is (Cons - cap gains tax on cash out, not utilizing equity PROs - increase portfolio value, higher upside with value add or rent increase on new units?)
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5 January 2025 | 28 replies
My vision is for this meetup to be informal and organic.
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15 January 2025 | 49 replies
Thanks.Hi Courtney,BiggerPockets Pro members get access to all Stessa core (free tier) functionality – plus unlock exclusive access to advanced features, like unlimited portfolios and Schedule of Real Estate Owned (SREO), all at no additional cost.BiggerPockets Pro members have free access to all Stessa’s featured benefits as well as advanced features, like unlimited portfolios and Schedule of Real Estate Owned (SREO) – giving Pro members exclusive value not offered to Stessa Free members.Simplify tax time and help maximize deductions Organize financial data and accountingEasily track key property metrics to optimize and boost ROI.
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11 January 2025 | 7 replies
@Allison Littman To structure the purchase creatively, you could split the $600k transaction into a $400k purchase agreement and a $200k charitable donation to the seller’s tax-exempt organization.