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11 December 2024 | 25 replies
Just click on thelittle black triangle to the left of the name andrew thanks for that tip I was wondering how you get that info to drop down !!!!
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10 December 2024 | 1 reply
I will, of course interview and do my own due diligence with these companies, but I just wanted to get an idea from everyone that could possibly give me a heads up on who's great or who to stay away from.
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17 December 2024 | 86 replies
Alternatively, there are high-yield online savings accounts like Marcus or others - the difference is that banks have some inherent risk, thus the FDIC insurance.
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3 December 2024 | 7 replies
Check out online foreclosure auctions in your state too, it is a great place to check out any deals.
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10 December 2024 | 12 replies
Any tips or advice would be much appreciated.
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13 December 2024 | 8 replies
Of course, nobody wants to be the test case, but I've never heard of IRS treating money from a loan as income, ever.I think you would be better off with a long closing date on the purchase and sell your exchange property fast so you can do a conventional 1031, receive conventional financing with one set of start up fees/costs, etc.
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7 December 2024 | 150 replies
Jackie has a good point that much of it is free on line.
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7 December 2024 | 2 replies
You are right , lot of variables and a very difficult comparison, thanks for the tip, will search the forum
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10 December 2024 | 6 replies
The only way to answer that in general (whether house hacking in today's market is still a good option) or for a particular property, is to learn how to run the numbers and analyze a specific property to see whether it will be able to stand on its own as an investment when you move out someday.There are a lot of resources here on BP for doing that but I'd just say, make sure the assumptions you're putting into your spreadsheet or deal analyzer are realistic.Make sure the rents (especially for vacant units or pro-forma #s) are realistic by doing your own rent comps; make sure the mortgage rate is realistic by doing some research online and/or talking to some mortgage folks; make sure insurance #s are realistic by getting a couple of quotes for the # of units and zip code / area you're looking in; etc.I hope that helps, and good luck 😊
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11 December 2024 | 12 replies
I just can't find ANYTHING online that isn't from Chris or his team.