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Results (10,000+)
Bukka Levy Using business credit cards to fund buy and hold. Help?
21 May 2024 | 53 replies
In the commercial & private money world its all fair game and case by case.Use of credit cards to purchase properties to acquire/capture equity, create, cashflow, provide additional tax shield/benefits against your income, and improve your real estate investing venture is definitely one way to go about it but it should not be the sole method since there are risks like many have mentioned above.If you're using business cards (linked to your FEIN - federal employer identification number) and it doesnt report to your personal credit then it might be more prudent credit wise because your Fico scores won't tank when you max a business card out versus a personal credit card (drop of 80-100 fico pts temporarily till you payoff).So with prudent timing (funds seasoning), knowledge of how to maintain your ficos so you still qualify for your cheaper conventional money, and how to use the cards to purchase can definitely expedite your REI journey.Most people I encounter would not have the know how to do it correctly as I see plummeting fico scores, in ability to qualify, and many other issues with using cards to invest on a weekly basis.Best of luck,
Sam Green Self Storage
20 May 2024 | 121 replies
I know this an old link so rather than offer my insights relative to the questions already posed, I thought I would bump the link and offer to answer any questions that remain or resurface.
Nash Mittelman STR Nightmare that most investors would probably overlook...
18 May 2024 | 19 replies
Do you have a link for that statute?  
Gian Jr, III Check my math? Deducting STR losses against high wave W2 job.
19 May 2024 | 25 replies
This quote below is from your link with bolded emphasis by me:So, even if you materially participate in running your rental properties, you still can’t deduct those losses against other nonpassive income.
Jade S. Cardone Capital...anyone looked into this?
20 May 2024 | 177 replies
Links below to articles that explain some of the possibilities.   
Sara Holda Nashville Tennessee ARBITRAGE
19 May 2024 | 15 replies
@Sara Holda Here's a great link to the city that outlines a lot of the laws regarding STR in the Nashville area: https://www.nashville.gov/depa... 
Alyssa K. Cozy allowed payment reversal that withdrew previously paid rent
22 May 2024 | 90 replies
They can ACH it, walk in to a branch with cash or a personal check, etc.I know a lot of people find these third party vendors convenient, but to me it just puts another link in the chain between the tenant's payment and my revenue. 
Gaurav A. Dayton Ohio: Neighborhood info needed
20 May 2024 | 27 replies
The post is old, but it has several articles links in it about the neighborhood over the last decade.: https://www.biggerpockets.com/forums/517/topics/53...Old North Dayton is a C+ area, working class neighborhood. 
Richard Licon Private Money Broker certification
21 May 2024 | 58 replies
Do you have a link or something to this "certification"? 
Ivan Wudexi Trouble finding investment property that has positive cash flow
19 May 2024 | 11 replies
New investors spend way more time crunching numbers on a spreadsheet instead of seeing every home on the market (you can go to Open Houses if you aren't linked with an agent yet) to get sight reps.2.