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Results (4,444+)
Jose Alejandro Hernandez Should you buy a rental property out of state for your first?
27 June 2024 | 14 replies
Here are some key considerations to aid your decision-making process:Diversification: While the allure of Cape Coral's potential cash flow is undeniable, diversification can be a prudent strategy.
Armand Gray Understanding "Transfer on Death" (or similar) and buyouts for TOD contracts.
27 June 2024 | 4 replies
I am not an attorney and this is not legal advise but the three ways to revoke a T.O.D. deed is 1) Record a revocation 2) Record a new T.O.D. deed or 3) Record a deed transferring to a third party or a trust.You can also try legal aid in San Francisco: https://www.sfbar.org/jdc/free-legal-help/Good luck....
Matt Hubert Advice on Using Equity
26 June 2024 | 4 replies
Cash-Out Refinance: If you refinance the property, you can pull out cash based on the equity, which can be used for down payments on BRRRR properties.Collateral for Loans: The farm can be used as collateral for obtaining loans for other investment properties.BRRRR Investments:Immediate Cash Flow: BRRRR properties will likely generate some positive cash flow right away.Faster Turnover: BRRRR allows you to recycle your capital more quickly, aiding rapid portfolio growth.Initial Investment: $60,000 can potentially fund multiple BRRRR properties, providing diversity and multiple income streams.Farm Investment:Emotional Value: Maintaining the farm within the family has intrinsic value that cannot be quantified.Long-Term Appreciation: The farm's value may appreciate significantly over time, providing a substantial future asset.Monthly Cost: The $400 monthly cost needs to be factored into your budget, as it’s a non-cash-flowing asset in the short term.Decision Points:Emotional vs.
Andrew Jackson What is the best part of biggerpockets?
20 June 2024 | 7 replies
While some feel they have become too commercialized, others still find them useful for learning.The property listings and tools like calculators and rent estimators that can aid in analyzing potential deals.The local meetup groups that allow investors to network and connect in their area.Overall, BiggerPockets is seen as a good free resource for beginner real estate investors to learn the basics, though the quality and trustworthiness of the content is debated, especially after the company was sold.
Michael Judge 18 years old wanting to invest
15 June 2024 | 6 replies
I also received no scholarship or financial aid, and would be paying the full tuition each year. 
Johnny Martin I am 22 years old and looking to get into real estate.
11 June 2024 | 7 replies
Loans from FHA, the usual bank loans, building connections, and finding a guide can aid.
Nicholas Lilly Mitigate Risks & Maximize Profits with Expert Due Diligence
11 June 2024 | 0 replies
The negotiation process will be aided by this information, which will also guarantee that both parties will gain from the deal.
Nathan Frost How to find properties/areas that appreciate in value?
8 June 2024 | 22 replies
In our area Walgreen doesn't have a presence, but there are Rite Aids across from CVS. 
T. Alan Ceshker Wraps and due on sale clause
15 June 2024 | 87 replies
You just didn't get caught.And god help you if you do it to a borrower in financial distress or if you do it in a state that prohibits equity skimming, requires licensure or registration, or other nefarious acts against homeowners. the crew I rescued in Oregon who did about 30 of these got in major trouble when they started to fail .. under capitalized drank the kool aid.. wrap un qualified buyers into the houses.. original sellers getting NOD's and then filing complaints with the AG etc.. it broke them end of the day they did not get criminally charged ..
Matthew Gentile MBA, practical to a real estate professional or not?
9 June 2024 | 35 replies
I personally feel like it will only aid me and even if not at baseline the cost is off set by the open doors in my opinion.