Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
Also, having price increases because of the demand is much healthier than having prices go up as a result of low (and manipulated) interest rates like in the US or Canada (although this is changing).
Robert Quiroz
Buying with cash vs financing
2 December 2024 | 33 replies
What happens when you add purchasing power into a product shortage environment?
Jorge Abreu
💰 The Power of Long-Term Thinking & Creating Generational Wealth
26 November 2024 | 2 replies
Acquiring nicer assets not only provides a better living environment for tenants but also contributes to long-term appreciation and value.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
Diane could not let that one go by AS @Glenn Paulson states its a tough job.. and nothing could be further from the truth that a PM in a low value asset environment just sits back and does nothing.. there is nothing more difficult to manage in real estate than low value assets.Now take SF property with high wage earners that have their rent ACH into your account each month live as neat and clean as you do.. then I can kind of agree.. but not low end houses.. no way no how.There is over head to a management company .. its not all net profit.Also Glenn with these type of rentals if you have never been in them.. asking how its doing in the first 6 months is a waste of time.. you need to check in year 2 and 3 once the honeymoon is over and a few turn overs have happen maintenance then you can get a feel for the true numbers..
Edward Suess-Hassman
How to Start Out in Real Estate Investing in a High Cost of Living Area
4 December 2024 | 33 replies
Now this might be controversial and some people may disagree with me (even some of my coworkers here at BiggerPockets may have a different opinion which I completely welcome), but I really don't think you should invest OOS in this current macro environment with less than $100k (down payment + reserves).
Dalton Dillon
Appraisal came in low
26 November 2024 | 6 replies
Your numbers are way too tight, especially in today's environment.
Chris Brown
Note Investing Training Programs
27 November 2024 | 18 replies
There are very few sellers of notes right now, so who are you buying and selling too.You are going to be sadly dissappointed and realize after 3-6 months you probably wasted your money.Your best bet is to join some groups on FB or elsewhere and start to learn that way.Let me ask you this question: Have you spoken to any note investor out there to ask them about the environment today to actually get into notes?
Bruce Schussler
To cash-out refinance -or- keep positive cash-flow on a rental
21 November 2024 | 1 reply
Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)
Henry Clark
Self storage- Political impact November 2024
25 November 2024 | 2 replies
They are made out of Core Ten Steel, to resist Saltwater environment which requires Virgin Steel.
Daniela Amador
The Monkey Cottage
21 November 2024 | 0 replies
Our team redesigned the interior and purchased all furnishings and decor to give a stylish, comfortable environment for guests.